Bitcoin May Surge up to $28,000 in the Coming Months, Altcoins to Rally as BTC Indicator Blinks Green

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A top analyst, Josh Rager recounted the last two occasions when the Blockroots Alpha Trend dubbed as “Long” signaled, BTC had a wild run.

The top analyst noted that there would be no absolutes in this kind of scenario as a sort of pullback may be expected. He, however, asserted that BTC price movements in the days to come will still present the opportunity for smart traders to make some profit.

Recent reports indicate that the total crypto market cap at the moment is estimated at $260 billion, peaking a four-month high. BTC’s dominance wanes slightly, propping up Altcoins in the process. BTC’s dominance is currently at 66.5%.

Bitcoin’s Price Activity
BTC / USD is currently trading at $ 9,185 after failing to overcome the price congestion resistance at $ 9,600 yesterday. The 5 period moving average continues to decline, indicating that despite the recent opening of the bullish zone, the movement may not be as fast as one would expect.

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