Onye na-ere ahịa kwuru na otu Dogecoin (DOGE) na-ama ya nwere ike ịdaba ngwa ngwa site na 50%, na-emelite Outlook na Bitcoin Ego (BCH)

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Onye na-ere ahịa kwuru na otu Dogecoin (DOGE) na-ama ya nwere ike ịdaba ngwa ngwa site na 50%, na-emelite Outlook na Bitcoin Ego (BCH)

A widely followed crypto analyst is warning that one Dogecoin (DOGE) rival could suddenly collapse as the digital assets markets stagnate.

Onye nyocha aha ama ama Kaleo agwa his 596,300 Twitter followers that Pepe (pepe) nwere ike ịda karịa 50% site na uru ọ bara ugbu a.

The trader uses an inverse chart, which shows Pepe could suddenly decline in value from $0.000000787, at time of writing, to $0.000000390.

“I’m so bullish on PEPE here. Looks like it’s broken out and should easily run it back to the highs. Send it with haste.”

Source: Kaleo/X

Na-esote, onye na-ere ahịa kwuru Bitcoin Ego nkịtị (BCH) is likely going to keep declining on a downward trend as it retests a key support level at $191.21.

“BCH looks pretty damn heavy after the full retrace from last week’s pump. Send it lower.”

Source: Kaleo/X

Onye ahia bụkwa na-ebu amụma Bitcoin Cash will continue on a descending triangle against Bitcoin (BTC).

“BCH/BTC looking for something like this.”

Source: Kaleo/X

His chart suggests that BCH/BTC will dip to 0.00610 BTC ($157.76) within days. At time of writing, BCH/BTC is trading for 0.00745 BTC ($193).

Kaleo also weighs in on Bitcoin. Ọ na-ebu amụma the crypto king will experience volatility until a decisive bull cycle will launch sometime in 2024-2025.

“Everything that happens through the end of the year is just noise to shake you out before the real fun begins in 2024/2025.”

He speculates that Bitcoin will dip down to around $21,000 in September, rally up to $34,000 in early October and retest $30,000 later that month.

Source: Kaleo/X

He bases his amụma in part on how Bitcoin on average performs poorly in September and stronger in October.

“Bad Septembers lead to good Octobers / Novembers.”

Source: Kaleo/X

Bitcoin na-ere ahịa maka $25,912 n'oge ederede, gbadaa 1% n'ime awa 24 gara aga.

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