Analyst Who Called 2023 Crypto Breakout Says One Altcoin Ready for Massive Rally, Updates Outlook on Bitcoin and Ethereum

Crypto analysts who bought bitcoin (BTC) near last year’s lows have expressed bullish sentiment against the top 20 altcoins by market cap.

Pseudonymous Crypto Trader DonAlt To tell In a new video, his 47,500 YouTube subscribers say they are extremely happy that Litecoin (LTC) has reached $200.

According to DonAlt, Litecoin is rising linearly on the “great” weekly chart.

“[Litecoin/US dollar on the weekly timeframe] It looks just right now. I don’t really care if it’s below or above Bitcoin. This is just a great chart…

But it’s basically linearly rising, and so far we haven’t seen any problems.

Regarding the Litecoin/Ethereum (LTC/ETH) pair, a pseudonymous crypto trader says he expects Litecoin to outperform Ethereum in the short term.

According to DonAlt, Litecoin could experience a massive rally against Ethereum, converting LTC to ETH after the rally stalls.

I have no intention of rotating Litecoin to ETH

This is like against ETH and I think I can get more [Litecoin]So basically I want to see this one more [parabolic] Move from Litecoin to ETH and then rotate Litecoin to ETH.

Earlier this week, DonAlt Said His 461,200 Twitter followers say Litecoin could climb to $220 if it closes above $100.

“LTC

Resistance, but I’m honestly shocked at how weak this rebound was, given how important this is.

Over $76, this looks great.

Underneath it starts to look dangerous.

A close above $100 will open the door to $130/$220.

Turning to Bitcoin, DonAlt says it is targeting $32,000 for its flagship crypto asset.

“For me, $32,000 is the goal. I’m not going to make a profit before $32,000 or before my thesis is invalid. And my thesis was right from the bottom up. It was right.” Well, I don’t like quick profits, so I’m going to hang on.”

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