Crypto Analyst Updates Outlook on Bitcoin (BTC), Dogecoin (DOGE) and One Top AI Altcoin - The Daily Hodl
A widely followed crypto trader is taking a look at king crypto Bitcoin (BTC) while diving into two top altcoin projects....
- Crypto analyst Rekt Capital suggests that Bitcoin's future performance could follow either the 2016 or 2019 historical patterns.
- If the 2016 pattern repeats, Bitcoin may continue trading sideways until two months before the next halving event in April 2024.
- If the 2019 pattern repeats, Bitcoin could experience a deeper retracement before the halving.
- Dogecoin (DOGE) has confirmed a breakout to the upside, with a weekly close above resistance and successful retest of support.
- Ocean Protocol (OCEAN) is showing signs of retesting support and may experience upside movement towards $0.48.
The sentiment in the article is mostly neutral, providing analysis and observations about Bitcoin, Dogecoin, and Ocean Protocol without expressing a strong positive or negative sentiment.