It is seen that volatile movements have occurred in the crypto money sector in recent days. Cryptocurrency investors, who continue to go through a difficult process, have to face huge losses.
"Tech Dev", an analyst closely followed by crypto money investors, claims that there will be developments in the coming days that will make investors very happy. Although the popular analyst claims that Bitcoin, the leading cryptocurrency, will start to rise from these levels, it can be said that it is the first time that it has shared such a clear chart for altcoins.
Saying that a new mega bull season will begin for altcoins rather than Bitcoin in the future, "Tech Dev" implies that many crypto money investors will make huge profits.
"#Altcoin market cap once again sits at the 3-way intersection of the prior ATH, parabolic arc, and 8-year trendline."
Examining the altcoin market cap chart on its official Twitter account, Tech Dev claims that we are in the last days before a parabolic altcoin rally. Stating that there will be an unexpectedly large rise in the crypto market in the coming period, the successful analyst made many crypto money investors hope.
It has been observed that altcoin investors have suffered huge losses for a long time. The loss of many altcoin investors exceeding 80 percent may be the first signal of a new uptrend. Altcoins, which experience huge declines from peaks, can make their investors profit again in the coming days.
“Keep It Without Selling” Message From Crypto’s Richest Name
Changpeng Zhao, CEO of Binance, the world's largest cryptocurrency exchange in terms of volume, said that despite the great turmoil in the cryptocurrency markets, he continues to hold cryptocurrencies without selling.
In a response to a follower on his Twitter account, Zhao once again showed his strong belief in cryptocurrencies and explained that he did not sell any Bitcoin (BTC) and Binance Coin (BNB) in his possession. According to data provided by CoinGecko, the prices of Bitcoin and Binance Coin fell by 70.85% and 65.86%, respectively, from their all-time highs.