An influential crypto trader and analyst sheds light on three altcoins he believes are about to break out as Bitcoin curls up near its all-time high.
While Bitcoin is retesting the $ 57,000 level for the first time in nearly three weeks, the pseudonymous crypto whale Flood is telling its 110,000 Twitter followers that it is keeping an eye on three crypto assets that may be following Bitcoin.
“Trailing assets that previously had large circulation are offered here. SOL (Solana). SNX (Synthetix). AAVE.
All with some FTT Token (FTX) wins added. “
In late February, the margin trader also said it was loading up a couple of bags of crypto in preparation for the next leg of the altcoin bull cycle.
Buy more FTT
However, Bitcoin is a top priority
– Flood (@ThinkingUSD) February 22, 2021
Earlier this year, Flood made the bold appeal that Bitcoin would spend over $ 50,000 for most of 2021 and that SNX, the governance token for DeFi (decentralized finance) protocol, Synthetix, would spend over $ 24 this year -Dollars would act.
Forecasts for 2021: Bitcoin will trade above $ 50,000 for most of 2021. SNX (Synthetix) is trading above $ 24 this year. DeFi TVL (Total Locked) 100B + through fourth quarter. “
SNX briefly traded above $ 24 in February and is currently hovering around $ 21 while Bitcoin has been dancing in the $ 50,000 range since mid-February and is trading just under $ 56,000 at the time of writing.
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Featured image: Shutterstock / Tawansak