Orion

ORDI

Elon Musk

In a recent statement, famous cryptocurrency analyst Miles Deutscher shared his weekly token and trend monitoring list and listed the altcoins he will follow closely this week.
Deutscher stated that Bitcoin's recovery after its recent decline remains solid. According to the analyst, BTC's structure looks solid and the previous high of $73.8 thousand is an important level to watch.
Although recent network congestion issues have further worsened sentiment towards Solana, Deutscher remains optimistic. Deutscher believes these issues will have no impact in the medium to long term and that Solana, which it calls “the world's largest casino”, is well positioned to maintain its dominance.
According to the analyst, ORDI is performing well and is a true leader in the BRC-20/BTC trend ecosystem. With just a few days left until the halving, Deutscher stated that although it is rare (once every four years), this trend seems eerily quiet.
Related News: <a href="https://en.bitcoinsistemi.com/unexpected-bitcoin-spot-etf-move-from-chinas-two-major-companies-its-official-now/" target="_blank" rel="noopener noreferrer nofollow">Unexpected Bitcoin Spot ETF Move from China's Two Major Companies: It's Official Now</a>
Latest rumors suggest that the EigenLayer airdrop may be imminent and the market will need to trend towards it. Deutscher cares about ALT, given its close relationship with EigenLayer and its position within the restructuring trend.
Orion, the first restaking rollup on EigenLayer, is also on Deutscher's radar. There aren't many ways to gain pre-launch exposure to EigenLayer, making Orion an attractive option, according to the analyst. Orion is also rebranding as Lumia and the market has responded well to the rebranding in recent weeks.
As Doge Day (April 20) approaches, Deutscher noted that Dogecoin has performed well on such days in recent years. This is largely due to speculation that Elon Musk might tweet about BTC.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/renowned-analyst-reveals-5-altcoins-to-watch-closely-this-week/" rel="noopener noreferrer nofollow">Renowned Analyst Reveals 5 Altcoins to Watch Closely This Week</a>

Renowned Analyst Reveals 5 Altcoins to Watch Closely This Week

Bitcoin Sistemi EN

Другие статьи, опубликованные 8 апр. 2024 г.

Paraguay Could Lose $200 Million Annually If Bitcoin Mining Ban Passes

AI in the Workplace of Balancing Innovation with Responsibility

Analysts Anticipate Sharp Rise in XRP Value to Reach Dollar Mark in April

Bitcoin ETF Volumes Remain High Despite BTC Price Drop, Will Inflows Catch Again?

Polkadot Shatters Records with Surge in Active User Addresses

Most Trending Cryptocurrency on Base Chain Now – Doge In Glasses, Cope, Synth Token

Join our free newsletter for daily crypto updates!