2021-03-11 23:32:56

Popular Crypto Trader Predicts Massive Altcoin Rally This Month

Popular crypto trader Capo is predicting a deep pullback for bitcoin in the coming month, leading to the ignition of an altcoin rally. 

In a recent series of tweets, Capo said bitcoin’s dominance index is waning, giving an indication that altcoins are about to experience a rally. 

Capo revealed he had 70% of his portfolio geared towards altcoins, with 25% of that invested in Ethereum. He claimed to have only 5% of his exposure in bitcoin.

In addition to ETH, Capo said he was following a handful of altcoins, noting their bullish outlook on the charts versus bitcoin. 




Capo also pointed to the positive market impact of the U.S. Congress approving a $1.9 trillion stimulus package that will result in most Americans receiving roughly $1,400. 

Capo went on to predict the current bull cycle would continue at least through the end of the year, noting the market would flip between bitcoin and altcoin dominance. 

Featured Image Credit: Photo via Pexels.com

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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