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Analyst: We are Eight Weeks Away From the Next Altcoin Rally

Published 21/07/2023, 13:01
Analyst: We are Eight Weeks Away From the Next Altcoin Rally

  • Ran Neuner warns that investors have under eight weeks to buy their favorite altcoins.

  • The Crypto Banter host notes that Bitcoin is trading in an area of interest to watch out for.

  • According to Neuner, Bitcoin must surpass significant levels for a bull run to begin.

Crypto analyst Ran Neuner warns that investors have under eight weeks to buy their favorite altcoins. According to Neuner, Bitcoin is trading in an area of interest to watch out for, where he expects the price to pull back before bouncing off horizontal support.

An extensive analysis of the overall crypto market accompanied Neuner’s altcoin market prediction. The Crypto Banter YouTube channel host observed Bitcoin is in a consolidative movement and may continue in a sideways direction for a few more weeks.

Bitcoin must surpass significant levels for a bull run to begin, according to Neuner. The closest of such is the $32,000 Bitcoin price mark. He notes that despite the overbought sentiment existing in the Bitcoin market, things could change very quickly. However, he noted that the market will become more risky when the price approaches the existing all-time high levels.

Neuner belie…

The post Analyst: We are Eight Weeks Away From the Next Altcoin Rally appeared first on Coin Edition.

The post Analyst: We are Eight Weeks Away From the Next Altcoin Rally appeared first on Coin Edition.

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