Crypto influencer and veteran trader Lark Davis says Bitcoin is ready to rise, but altcoin projects will surpass the king's growth in the coming months.
Lark Davis: Bitcoin is on the verge of triggering a massive rise!
In a new video, Lark Davis notes a short-term rise in BTC and shares a Bitcoin chart. Lark Davis emphasizes that Bitcoin is on the verge of beating the MACD (moving average convergence divergence), a move that historically preceded major BTC rallies. Lark Davis adds the following to his comments on the subject:
THIS HAS NOT BEEN CONFIRMED YET, JUST NOTE THAT. MAY NOT CONFIRM, BUT VERY CLOSE TO CONFIRM. IF WE CONTINUE THIS IMMEDIATE, WE WILL GET AN APPROVAL AND IF APPROVED, THEN IT WILL BE A VERY HIGH TECHNICAL BREAK FOR THIS BITCOIN. PRICE INCREASED BY 120%, 66% AND 20% IN THE LAST THREE TIMES WE EXPERIENCED A RISING MACD TRANSITION. THEREFORE, THIS INDICATOR IS TENDING TO REPRESENT A PERIOD WHICH BITCOIN WILL SEE SERIOUS GAINS.
Lark Davis: If you want to win, you have to invest in altcoin projects!
The master analyst adds that the indicator will likely be confirmed tomorrow or the next day. But nothing is certain when it comes to the BTC charts. Lark Davis also emphasizes that Raul Pal, Bitcoin bull and founder of Real Vision, believes the overall crypto market has passed an important milestone after reaching a market capitalization of $ 1.8 trillion.
Both crypto investors believe the crypto market valuation will double in the coming months. According to the analyst, investors can rely on Bitcoin for stable gains as the growth of the crypto market accelerates. However, according to Lark Davis, although investing in altcoin is more risky, it will show life-changing gains for investors in 2021. Lark Davis adds the following to his comments on the subject:
2021 SERIOUSLY ONE OF THE BIGGEST OPPORTUNITIES OF YOUR FINANCIAL LIFE. THE POTENTIAL TO CHANGE YOUR FINANCIAL FATE OF 2021 IS INCREDIBLE. BUT THE TRUTH IS THAT IF YOU ONLY BUY BITCOIN, YOU WILL NOT SEE BIG GAINS BY FOLDING. YOU WILL GET HIGHLY GOOD RETURNS, BUT IF YOU WANT TO MAKE A BIG MONEY, YOU SHOULD INVEST IN ALTCOIN PROJECTS
No comments:
Post a Comment