Analyst Says Bitcoin To Go ‘Higher Soon,’ Maps Path Forward for Memecoin That’s Up Nearly 700% in Under a Month
A widely followed crypto strategist is turning bullish on Bitcoin (BTC) as the flagship digital asset crosses the $59,000 level. Pseudonymous analyst Kaleo tells his 647,500 followers on the social media platform X that Bitcoin could soon soar more than 9% of its current value within about a week. “Higher soon in my opinion.” Source: Kaleo/X Looking at the analyst’s chart, he suggests that Bitcoin has convincingly broken out of a descending trend line and could chop around the $58,000 to $60,000 range for a few days before breaking out to $65,000 by September 23rd. Bitcoin is trading for $59,444 at time of writing, up more than 9% in the last seven days. Next up, the analyst updates his outlook on the recently launched dog-themed altcoin Sundog (SUNDOG), a memecoin on the TRON (TRX) network. He believes the token may have more upside potential, after soaring from $0.0439 on August 18th to $0.351 at time of writing – a gain of nearly 700%. The...