Your Top Crypto Alpha #91
What's the best crypto alpha this week?
Last week, I gave you one piece of alpha and that coin pumped 140% since! That’s even better than the HYPE train which made a new all-time high recently.
This week, we look at the Top 3 Altcoins I have my eyes on.
More on that soon, but first a look at Bitcoin.
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Latest Bitcoin Price Forecast
TLDR: This week, Bitcoin tested the 75k support level. This held well and could be a bullish re-test. However, to really turn bullish, the price needs to clear 85k and turn that into support.
At a macro level, Bitcoin remains in a bearish trend. The current ascending channel may look bullish on a short to medium timeframe, but if the price falls below it, then that’s a continuation of this bear market.
The current support at 75k held well and the price was helped by the US & Iran peace negotiations. Nevertheless, as long as Bitcoin sits in this channel, the expectations is an eventual breakdown. To change that, the price has to move above 85k.
A price between 75k and 85k is more of a neutral zone from where Bitcoin can go either way. Wait for a clear move above or below these key levels. Once confirmed, we will know where Bitcoin is headed next. Best to be patient here.
Now let’s move to the alpha of this week.
Top 3 Altcoins This Week!
Since last week, my call on Octra delivered a whooping 140% profit. Just look at the chart below. Subscribing to this newsletter costs $9 / month (yearly plan) and it only takes one piece of alpha to cover that plus much more.
Privacy is big in this cycle if we look at the Zcash or Monero pumps. Together, these two privacy coins gather $18 billion in market cap right now. Octra is still under $50 million and takes privacy to a whole new level!
I already explained the Octra fundamentals in the last alpha post. It only takes 1% of the profits from Zcash or Monero to find Octra and this will 10x from here. Octra could even be a 100x pump!
Time will tell, and you need to be patient with this if you want such returns.
Now let’s talk about this week’s Top 3 Altcoins!