Explosive Breakouts Coming for Bitcoin and Two of the Largest Crypto Assets by Market Cap, According to Popular Trader.
03 Nov 2021, 08:00
Explosive Breakouts Coming for Bitcoin and Two of the Largest Crypto Assets by Market Cap, According to Popular Trader
A widely followed crypto strategist and trader says massive breakouts are in sight for Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB).
The pseudonymous analyst Smart Contracter tells his 177,800 Twitter followers that Bitcoin is one diagonal resistance away from printing a fresh all-time high.
“It’s only a matter of time before BTC goes for that all-time high breakout.”
Source: Smart Contracter/TwitterAccording to the trader’s chart, a breakout from the inverse head and shoulders formation into a bullish continuation pattern would take Bitcoin to his price target of $68,000.
Looking at leading smart contract platform Ethereum, the crypto strategist says it is clear skies for ETH as long as it reaches a daily close above the $4,400 area.