Flow

Solana

<div class="dailyhodl">
 A closely followed crypto strategist says he’s gobbling up seven altcoins as he believes the markets are about to enter a bull market cycle similar to the parabolic rally witnessed in mid-2020.
 Pseudonymous analyst The Flow Horse tells his 200,900 followers on the social media platform X that the crypto markets are about to head into a “craziness period.”
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
 </div>
 The analyst says the period will likely be similar to crypto’s extremely bullish price action in 2020 when Bitcoin rallied from around $10,000 to $64,000 in less than a year. During the same timeframe, the total market cap of altcoins (TOTAL3) skyrocketed nearly 1,000% from about $73 billion to $793 billion.
 Says The Flow Horse,
 “Yup, we are on the same path now. This is why I have stressed that the periods of euphoria that we have had so far recently and any pullbacks are to be understood as small scale within what is a much larger trend and a more unimaginable set of conditions.”&nbsp;
 In anticipation of a huge market-wide rally, the analyst says he’s accumulating a handful of altcoins including the native assets of smart contract platforms Solana (SOL), Near (NEAR), Sui (SUI) and Avalanche (AVAX).
 “Some position increases and some totally new as of today:
 <ul>
 <li>MINA</li>
 <li>SUI</li>
 <li>AVAX</li>
 <li>SOL</li>
 <li>RNDR</li>
 <li>WIF</li>
 <li>NEAR.” </li>
 </ul>
 As for Bitcoin (BTC), the trader thinks that the current leg up will not stop at $50,000.
 “Bitcoin looks like it is going to rip much higher.
 Make sure you keep an eye out for those fastest horses, and don’t be that dummy trying to outsmart what the market is already showing you by looking for some third in the line laggard play.”&nbsp;
 At time of writing, Bitcoin is worth $50,032.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-trader-abruptly-accumulates-seven-crypto-assets-says-craziness-period-similar-to-2020-bull-cycle-ahead-tbt79747.html">https://thebittimes.com/top-trader-abruptly-accumulates-seven-crypto-assets-says-craziness-period-similar-to-2020-bull-cycle-ahead-tbt79747.html</a>

Top Trader Abruptly Accumulates Seven Crypto Assets, Says ‘Craziness Period’ Similar to 2020 Bull Cycle Ahead

TheBitTimes

Các bài viết khác được xuất bản trên 14 thg 2, 2024

Spot Bitcoin ETFs Now Hold 1% of Total Supply as Price Hits $52K

Ethereum ETF Excites Investors as Approval Countdown Continues

Starknet Foundation Announces STRK Token Airdrop for 1.3 Million Wallets

YARD Finance, a Crypto Payment Protocol, Exits Stealth Mode and Opens Access for Early Users

US Banks Set to Adopt $XRP, Sparking Possible Price Rally; $GFOX Sails Past $3.3 Million

Fed Member’s Statements Signal Economic Optimism

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!