There have been all kinds of optimistic predictions about the price of Bitcoin,e especially following the halving event from back in May.
At the moment, the crypto market looks bloody with all the important coins trading in the red.
Crypto analyst and influencer Crypto Bitlord said that the first three coins by market cap are expecting a rally that will put the one from back in 2017 to shame, as reported by the Daily Hodl.
BTC, ETH, and XRP are about to see a rally
He said that we should expect a massive rally:
-This isn’t a 2017 style pump starting
It’s a 2020 Galactic pump made possible with MORE people and MORE money.
After you zoom out on this pump years from now, you’ll see 2017 was just a fucking test
-Tell your friends and family.
It’s happening.
— Crypto Bitlord (@Crypto_Bitlord) July 8, 2020
It’s important to note that he is also bullish on ETH, and expects the coin to double its value by next month.
“The next monthly [candle] for ETH should take us near $500.”
More than that he also believes that XRP will shock naysayers:
$XRP is on the edge of a vertical style pump
Come back to this tweet in a few days and ask yourself: “why didn’t I buy”
— Crypto Bitlord (@Crypto_Bitlord) July 11, 2020
Someone responded: “I didn’t buy because I don’t want to deal with short term capital gains. It’ll pump, for sure, and then dump shortly thereafter. Remember that XRP can meet total global liquidity at a price of around $.10.”
Another follower asked: “Because of what? TA? Development? Altseason going on already for months without XRP? Cause you say so? TikTok engagement? Just curious. Give me anything tangible, pls.”
A commenter responded: “Fundamentals maybe? An ambitious project, but they seem to be on the right track. Have huge client base, from which they can rollout their XRP solution. My 2 cents at least.”
