A well-known crypto analyst thinks Bitcoin (BTC) still has room to grow, even after its recent rise.
The analyst, who goes by Altcoin Sherpa, shares his thoughts with his 224,900 followers on X. He’s feeling bullish about Bitcoin now that it has regained support around $60,000. He believes this surge could push Bitcoin close to $70,000.
“BTC time for $68,000+. Liquidity got taken out below that recent wick low, let’s see if we can get the highs. After that? No clue. But still bullish until shown otherwise,” he says.
As of now, Bitcoin is trading at $65,942, which is up more than 5% for the day.
When it comes to the native asset of the Artificial Superintelligence Alliance (FET), he’s optimistic but thinks it might trade sideways for a bit.
“FET pretty neutral price action, wouldn’t be surprised to see this chill out for the next few days and do nothing. Still think AI is a good category but TAO is a better vehicle to trade in my opinion. Still bullish on FET though,” he adds.
Right now, FET is valued at $1.51.
As for dogwifhat (WIF), he predicts a nearly 25% increase for this memecoin.
“WIF $3.50 soon as long as BTC stays stable,” he predicts.
Currently, WIF is priced at $2.81.