A popular crypto trader makes prediction on Bitcoin (BTC) upcoming price.
Additionally, saying the spike will follow the pattern of one explosively successful altcoin.
Also, The popular trader known as Kaleo takes to his twitter to urge his 388,400 Twitter followers. More so, telling them to pack up BTC, while comparing Bitcoin’s chart to the smart contract platform Terra (LUNA).
“$LUNA vs. $BTC
Remember the big picture.
Stack more # Bitcoin.”
— K A L E O (@CryptoKaleo) September 28, 2021
Furthermore, Nearly 10,800% ia done on Terra’s native asset LUNA this past year. While, reaching an all-time high of $43.82 earlier this month. Currently, LUNA is trading at $35.18 at time of writing, via data from CoinGecko.
Also, Bitcoin is trading at $42,142 at time of writing, doing more than 10% decline in the past two weeks. More so, Kaleo see bitcoin still going to lose few levels before setting out to move up.
The analyst explains,
“If I had to guess,
“…I bet we see a quick dip down to 37 or so and run it back turbo from there.
A move down to $37K isn’t scary. You know what is scary, though?…
“…Selling slightly above that level to try to capture a few extra percentage points lower, only to miss your target,…
“…buy back higher and have less BTC than what you started with before the run up to $100K+.”
Conclusively, Kaleo is very bullish on the smart-contract platform Solana (SOL) same as bitcoin as in his tweets.
“$SOL is getting ready for another vertical leg higher”
— K A L E O (@CryptoKaleo) September 26, 2021