A widely followed crypto analyst says he is still waiting for a clear view after the recent Bitcoin (BTC) price drop.
Altcoin Sherpa Trader Alias tell Her 183,100 followers on Twitter reports that the price movement of BTC is going up and down at the moment.
“BTC: Price is a fractal, and we see the same price movement: going up the stairs, going down the elevator. But this is happening on a smaller scale than it has been in recent months. Let’s see where the smoke from this last move downward dissipates.”
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drink look To the Cosmos Layer 1 blockchain (ATOM), which has been steadily climbing against the recent downturn in the market.
ATOM: Lots of interaction with 200D [exponential moving average] Now let’s see if he can get it back. Doing so in this current context would be very, very powerful in my opinion…”
Moving to Interoperability Blockchain and Ethereum (ETH) Polkadot (DOT) Competitor Sherpa Request his supporters for their opinions.
DOT: The price has exploded over the past few months, do you think this is a buildup or a pause in the price before it plunges again? »
Finally, Altcoin Sherpa look To altcoin FTX Token (FTT) based on ETH, the original token of the FTX exchange. The trader is not a fan of the FTT price action.
FT: A lot of people have been talking about it lately, I don’t see it. It’s easy to say in hindsight with yesterday’s dump, but I’ve always thought FTT was kind of a bad hodl play. yes, [centralized exchange] Tokens are supposed to be safe in bear markets (see: BNB) but the two are not the same.
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