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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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#Which altcoins to buy as the dip continues?#
Crypto Capo, a name known for his bearish predictions in the Crypto money industry, is back on the move as of today. Speaking after the sharp declines of the leader cryptocurrency Bitcoin (BTC) today, Capo attracted attention.
Stating that the recent rises in Bitcoin have been unnecessarily prolonged, Capo gave the following words in his analysis report about BTC and altcoin:
"The market seems to be recovering since Bitcoin (BTC) took a share of the liquidity below $60K. While some altcoins made a new low, others did not, which was to be expected.
However, Bitcoin (BTC) has left significant liquidity between $57K and $59K, and the bounce is now very long.
We can expect another pullback, but it is also possible that this move will not make new lows, but will only form a higher low.
BTC and regardless of whether the market will form a new local low or higher after the pullback, this could be a good time to increase investment in the market after the possible next pullback, especially for altcoin with low market caps."
It is a matter of curiosity whether Capo, who expects a rise trend in altcoin with low market capitalization in the coming period, will be successful in his latest predictions... #ContentStar# #HotTopicDiscussion#