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Home»ALTCOIN NEWS»Top trader suddenly amassed 7 crypto assets and says it’s a ‘crazy period’ similar to the 2020 bull cycle
ALTCOIN NEWS

Top trader suddenly amassed 7 crypto assets and says it’s a ‘crazy period’ similar to the 2020 bull cycle

By Crypto FlexsFebruary 14, 20242 Mins Read
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Top trader suddenly amassed 7 crypto assets and says it’s a ‘crazy period’ similar to the 2020 bull cycle
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One cryptocurrency strategist believes the market is about to enter a bull market cycle similar to the parabolic rally witnessed in mid-2020, which he said will engulf seven altcoins.

Pseudonym analyst The Flow Horse says 200,900 followers on social media platform

The analyst said this period will be similar to the cryptocurrency’s extremely bullish price action in 2020, when Bitcoin rose from around $10,000 to $64,000 in less than a year. During the same period, the total market capitalization of altcoins (TOTAL3) surged nearly 1,000%, from approximately $73 billion to $793 billion.

Called flow horse,

“That’s right. We are following the same path now. This is why I have emphasized recently that the periods of euphoria we have experienced and any downturns must be understood on a smaller scale within a much larger trend and a more unimaginable set of conditions.”

Analysts say they are accumulating a handful of altcoins, including the underlying assets of smart contract platforms Solana (SOL), Near (NEAR), Sui (SUI), and Avalanche (AVAX), in anticipation of a massive market-wide rally.

“Some positions have been increased and some are completely new starting today.

  • mina
  • sui
  • Avex
  • brush
  • RNDR
  • WIF
  • near.”

In the case of Bitcoin (BTC), traders think The current rise will not stop at $50,000.

“Bitcoin looks set to go much higher.

Watch carefully for the fastest horses, and don’t be a fool trying to outsmart what the market is already showing by looking for a third in a lagging play.”

As of this writing, Bitcoin is worth $50,032.

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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 are responsible for any losses that may occur. 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.

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