Crypto Trader Claims Bitcoin’s Uptrend Is Still Intact, Updates Outlook on Top XRP Rival
A widely followed crypto analyst says that Bitcoin’s (BTC) still has upward momentum while updating his outlook on payments network Stellar (XLM). In a new thread on the social media platform X, pseudonymous crypto strategist Rekt Capital tells his 519,600 followers that it appears as if the top crypto asset by market cap’s technical uptrend will remain in place. “Bitcoin continues to hold its four-week technical uptrend line as support Bitcoin would likely need to lose this uptrend line if a deeper correction is to take place from these levels. So far, the technical uptrend remains intact.” Source: Rekt Capital/X The trader’s chart suggests the crypto king could surpass the $105,000 price tag by early next year. Bitcoin is trading for $100,253 at time of writing, a 2.1% decrease during the last 24 hours. Moving on to the XRP rival Stellar, the analyst says in his newsletter that the digital asset has surpassed one of the most impor...