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Top Crypto Trader Details Path Forward for Bitcoin and Polygon Rival Arbitrum – Here’s His Outlook
Sawijining ahli strategi crypto sing populer nganyari wawasane Bitcoin (BTC) amid an extended rally and weighing in on Ethereum (ETH) solusi skala Arbitrum (ARB).
Analis pseudonim Altcoin Sherpa ngandhani kang 194,100 pandherekipun Twitter sing Bitcoin is likely consolidating around its current price value of $28,278 ahead of an imminent breakout.
Sherpa shows a chart that illustrates previous periods of consolidations before big surges. He says Bitcoin is likely repeating a similar pattern.
“BTC: Good, solid lows take days and weeks to form. They always feel so choppy/boring while they are going but when you zoom out, it makes sense. These consolidations are healthy. Highs and lows stand out to you on the chart.”
Sumber: Altcoin Sherpa/TwitterAccording to Sherpa, Bitcoin is currently in a two-week consolidation Phase and urges patience before a possible big breakout move. The seven previous consolidation periods he highlights in 2020 and 2021 range between 25 and 63 days.
“We’re currently in a two-week consolidation period right now, to be determined if we leg up or not. Patience…”
Sumber: Altcoin Sherpa/TwitterNext, Sherpa looks at Polygon (MATIC)-rival Arbitrum and sets a near-term range antarane $ 1.30 nganti $ 1.50.
“ARB: I think that the next significant resistance area is $1.50, we haven’t seen any 4h closes above that area. Buy the dip spot would probably be around $1.30. Still think this one looks pretty decent overall.”
Sumber: Altcoin Sherpa/TwitterArbitrum is trading for $1.33 at time of writing, up 10.3% in the past 24 hours.
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