Bitcoin, Ethereum And Aave Set To Rally The Next Week – Here Are The Price Predictions
It seems that there are a bunch of optimistic predictions about the prices of some digital assets. Check out the latest ones below. BTC, ETH, AAVE predictions A crypto strategist who correctly called Bitcoin’s 2018 botto...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It seems that there are a bunch of optimistic predictions about the prices of some digital assets. Check out the latest ones below.
BTC, ETH, AAVE predictionsA crypto strategist who correctly called Bitcoin’s 2018 bottom says the bottom for BTC bear market is already in.
Pseudonymous analyst Smart Contracter said recently that Bitcoin has managed to take out two diagonal resistances that have kept BTC in a downtrend for over a year.
“This weekly BTC candle is solid AF breaking very key trendlines and low timeframe momentum is still going strong.”
With the breakout, the crypto analyst thinks that the bottom is in for the king crypto.
“My guts telling me bottom’s in, and we all got blinded by ‘mUh mACrO.’”
In 2018, Smart Contracter nailed Bitcoin’s floor around $3,000.
Looking at altcoins, the popular crypto strategist believes that Ethereum (ETH) and decentralized finance lending and borrowing protocol Aave (AAVE) are likely poised for rallies.
“I like AAVE for a breakout here. [It] has an identical structure as ETH before its breakout yesterday.”
BTC mirrors bull run pattern from 2019The crypto strategist says that the current Bitcoin (BTC) rally is mirroring a pattern that preceded the king crypto’s massive eruption in 2019.
Pseudonymous analyst Smart Contracter said not too long ago that Bitcoin is likely to dominate the crypto markets in a repeat performance of its 2019 burst.
“BTC finally broke its $18,400 horizontal highs. BTC dominance going on run and most conditioned to be all in alts. [Definitely] starting to feel more and more like an April 2019 moment every day.”
In a strategy session video update, the analyst says that for now, traders should keep a close watch on Bitcoin.
He said that he does believe “Bitcoin is going to outperform alts… Bitcoin dominance looks like it’s having a nice strong bounce here. I think this is a fairly significant move on Bitcoin dominance.”
The post Bitcoin, Ethereum And Aave Set To Rally The Next Week – Here Are The Price Predictions first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Ethereum, Solana and Zcash Face Wild Year-End Price Predictions
Three cryptocurrencies, three very different bets and millions of dollars riding on what happens before New Year’s Day. Prediction...
Vitalik Buterin says Hegotá could be Ethereum’s last ‘normal’ fork
Ethereum’s Vitalik Buterin said PeerDAS marked the start of Ethereum’s transition “from being just a blockchain to being something...
Ethereum’s 2030 Shift: Vitalik Maps a Cryptographic World Computer Beyond Blockchain
Key Takeaways: According to Vitalik Buterin, Ethereum is going further than simply being a blockchain to “cryptographic world comp...
‘It’s really not just a blockchain anymore’: Vitalik Buterin maps Ethereum’s path to 2030
Ethereum co-founder Vitalik Buterin said Ethereum is "really not just a blockchain anymore" and laid out how its design will chang...
Ethereum is not instant, but collateral could make it feel that way
When a payment app tells you a transfer is complete, you start making decisions. You hand over whatever you've sold, spend the mon...
Bitcoin Price Gains 44% for Second-Best Q3 as Ethereum Jumps 71%
Bitcoin is on course for its second-strongest third quarter on record, while ethereum has already delivered its best Q3 performanc...