Latest News

Bullish Continuation Pattern For Bitcoin As Two Altcoins Shows Strength

Bitcoin continues bullish movements without paying attention to global criticisms and decline predictions A popular crypto trader and analyst says he’s expecting Bitcoin to continue spiking. Also, he goes further to say he’s expecting surge for two growing altcoins. Meanwhile, The crypto analyst goes by the name, Pentoshi. Recently, Pentoshi tells his 294,400 Twitter followers that Bitcoin is forming a bullish pattern. Strongly noting that BTC will soon experience another leg up.

“BTC kinda looks like a bull flag in a bull market on the four-hour [chart]. Up only season?”

Furthermore, Pentoshi sets his gaze on decentralized blockchain protocol Algorand (ALGO). Notably, Saying it looks reedy to use some bullish movements after getting more adoption above $1.60.

“Anyone who’s followed these ALGO setups knows how beautiful it’s traded…”

“..[In my opinion] this is likely at/or around a bottom before its next leg up…”
“…The first leg of price discovery is complete and now has set a base with consolidation.”

Additionally, Pentoshi eyes Algorand against Bitcoin (ALGO/BTC), noting will have a massive bullish run to as high as 0.000074 BTC. Which is equivalent to $3.69 at time of writing. Consequently, it indicates a possible bullish uptrend of 85% from the pair’s current value of 0.00004 BTC ($1.97).

“BTC pair targets shown.”

Conclusively, Pentoshi considers Curve (CRV), the governance token of the stablecoin decentralized exchange Curve Finance. For instance, makes predictions regarding the asset on a possible bullish run to $3.80. Of course, once it passes the $2.77 resistance level. Currently, the asset trades at $2.81, according to CoinGecko.

“CRV. Flip this to support and $3.80 is the next area of interest. Looking really good.”

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.