Altcoin
Trader Says Crypto Narrative Is Even Bigger Than AI, Predicts ‘Biggest Altcoin Season Ever’
A closely followed cryptocurrency trader believes there is a stronger bull market narrative for digital assets than artificial intelligence (AI) could send altcoins to new all-time highs (ATH).
Trader pseudonym Criptopaul tells his 105,900 followers on social media platform
“In my opinion RWA is still the biggest narrative of this cycle, more than AI, since the very concept of RWA is based on blockchain and is a real financial revolution that has been hypothesized for years and since Ethereum was born. Tokenization”.
The analyst is too predict massive breakout for Ethereum (ET) versus Bitcoin (ETH/Bitcoin) which, in his opinion, will also signal the beginning of a historic turning point in the broader altcoin market.
“The stars are about to align on ETH/BTC and the biggest altcoin season ever will begin…
ETH/BTC double bottom. Are you ready?”
Looking at his weekly chart, the analyst believes that ETH/BTC has printed a bullish double bottom pattern around the 0.046 BTC ($3,118) level. A double bottom pattern in technical analysis often suggests that an uptrend is coming after a period of decline.
At the time of writing, ETH/BTC is trading for 0.0466 BTC ($3,148), up more than 1.4% over the past 24 hours.
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