The famous cryptocurrency analyst Smart Contracter shared his new Bitcoin and altcoin predictions. Smart Contracter says Bitcoin is poised to recover while summarizing potential levels for Ethereum.
Smart Contracter: Bitcoin will jump to these levels soon!
Successful analyst Smart Contracter tells his 193,300 Twitter followers that there are signs that the correction in Bitcoin is almost over. Smart Contracter adds the following to its explanations on the subject:
There are no signs of a reversal yet, but I think we’ve reached our final capitulation volume and I think BTC will soon make a strong bounce back to $63,000 as a worst-case scenario. Frankly, the best-case scenario is an all-time high.
Smart Contracter: I sold some of my altcoin holdings! I will consider the fall
Smart Contracter is an expert on Elliott Wave, a branch of technical analysis that tends to manifest in waves and predicts future price movements by following the psychology of market participants. According to the analyst’s chart, Bitcoin has completed a five-wave correction and is now ready to fire up the other leg.
Looking at Ethereum, Smart Contracter summarizes the levels at which ETH can start to jump, while saying that he expects the correction in the popular altcoin project to continue. Smart Contracter adds the following to its explanations on the subject:
At least in the medium term, I am a little worried about ETH here. One argument is we made an ABC to the 0.618 Fibo level after a five-wave drop on the 4-hour chart. I’ve sold some here and it’s 3,600-3. I will reassess any capitulation of $800. I could be wrong, but I’d rather be safe than sorry.
Here are Smart Contracter’s successful BTC and altcoin predictions
Cryptocoin. com, Smart Contracter has known $3,200 in Bitcoin, the 2020 rally, the great Bitcoin crash of 2020, and more. In addition, the analyst correctly predicted shorter-term price movements over the past few months. Smart Contracter stated that it will force a general altcoin market correction as Bitcoin finds its accumulation range and retreats towards $23,000 in the past.
The master analyst was also right in this prediction and foreshadowed altcoin bleeding. Stating that he expects an altcoin meltdown in the second week of February, the analyst was also right in this prediction. In addition, the analyst correctly predicted that in the last days of March, Ethereum would decrease to approximately 1,600 dollars. The analyst correctly predicted the last withdrawal of Bitcoin (BTC) and Ethereum in September 2021. For this reason, investors are watching the analyst’s forecasts closely.