A widely followed Bitcoin (BTC) analyst has warned traders to keep calm as a good number of altcoins have started to rise.
Jason Pizzino To tell His 276,000 YouTube subscribers are smart to keep shorts and avoid FOMO.
“[Lets] Try on your pants now. Don’t get started on this prematurely.wait to see if [Bitcoin] You Can Get $20,700 [level]And my next major Wyckoff bull flip is $23,200
If you are waiting for a long-term signal, you should go back to the long-term chart and look for bearish-to-bullish reversal areas and those levels are slightly higher.
BTC is trading at $19,500 at the time of writing.
Ethereum (ETH)-based decentralized exchange Uniswap (UNI) also outperformed the market today, gaining 11% over the past 24 hours and trading at $6.50 at the time of writing.
Blockchain platform ETH competitor Neo (NEO) is up 10% over the same period. NEO users can buy, sell, exchange, register and distribute multiple types of digital assets, linking them to physical assets through verifiable unique digital identifiers.
Move-to-earn altcoin STEPN (GMT) is up 12% from yesterday.
Israeli blockchain security startup KIROs native utility token is up 10% over the period. KIRO is used to reduce network fees by opening payment channels between users and pool contracts.
The SSV Network (SSV), which promotes decentralization, security and activation across the Ethereum consensus layer, is up 12% from yesterday.
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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should exercise caution before making risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your money transfers and transactions are made at your own risk and you are responsible for any losses you may incur. The Daily Hodl does not endorse the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. The Daily Hodl participates in affiliate marketing.
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