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Home»ALTCOIN NEWS»Top analyst updates outlook for Bitcoin and Mina Protocol, saying Polygon rival is ‘likely to go much higher’
ALTCOIN NEWS

Top analyst updates outlook for Bitcoin and Mina Protocol, saying Polygon rival is ‘likely to go much higher’

By Crypto FlexsDecember 28, 20232 Mins Read
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Top analyst updates outlook for Bitcoin and Mina Protocol, saying Polygon rival is ‘likely to go much higher’
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One cryptocurrency trader says one layer 2 scaling solution still has more upside potential after the big rally.

pseudonym trader The Flow Horse says 194,500 followers on social media platform

“This is another player who is still recovering from the starting line. OP retests and recovers to annual highs. Take a look at the entire market and see the results for each pair that did this. If you give it room to breathe, it’s likely to go much higher as long as the music continues to play.”

Source: The Flow Horse/X

Optimism is trading at $3.94 at the time of writing, up 15.9% in the last 24 hours.

Next is the merchant Called He is bullish on Mina Protocol (MINA), a privacy-focused payment protocol that aims to maintain a constant size of 22KB.

“Once BTC stabilizes, we can see this starting to move stronger. MINA is not only green the day after the dump, it is hitting new yearly highs. I crave this today, stopping down in the open and giving it some space.”

video
Source: The Flow Horse/X

Mina Protocol is trading at $1.35 at the time of writing, down 5.8% in the last 24 hours.

merchant island proposal Bitcoin (BTC) may fall due to recent market trends.

“BTC funding (rates) rose after borrowing rates had already risen slightly across Alt.

Before that, some alts were pumped here and there as BTC fell. “You don’t look good.”

video
Source: The Flow Horse/X

At the time of writing, Bitcoin is trading at $43,721, up 3.2% in the last 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you will be responsible for any losses you may incur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created: DALLE3

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