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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Social media phenomenon and analyst CredibleCrypto shared his expectations about altcoins after the sharp rise in Bitcoin (BTC) and warned investors in the short term.
CredibleCrypto, which stands out with its accurate predictions in the crypto money market, shared with its followers on social media its different expectations for altcoins if the Bitcoin rally continues in the current situation and warned that it should be careful.
The analyst said that the idea that altcoins will follow the current Bitcoin rise is tempting and there are likely to be some nice rises, but they will be short-term.
Stating that he has been in the crypto money market for about 6 years and has experienced the situation he has mentioned many times, the analyst pointed out that whenever Bitcoin starts a real movement, altcoins are crushed more than expected.
Stating that he learned a lesson and changed his attitude in line with his bad experiences, the analyst pointed out that this situation will change at some point:
Altcoins are looking good against the dollar, some are certainly up for grabs, but Bitcoin still outperforms most. This will change at some point. Usually when the all-time high is exceeded (or soon after) the money flows to those who are left behind.
In addition to his words, the analyst advised that interest and liquidity will focus on Bitcoin until the all-time high and investors should focus here.
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