Top Trader Expects Massive Altcoin Rally This Month – Here Are His Top 5 Picks


A widely-followed crypto trader and analyst who built his following with bullish calls on Bitcoin says that he anticipates altcoins to be the big movers this month.

In a new tweet, the analyst known as Capo tells his 59,500 followers that he’s closely watching the performance of altcoins as the Bitcoin dominance index is showing signs of a deep pullback.

“Exciting times ahead for altcoins.”

Source: Capo/Twitter

Traders rely on the Bitcoin dominance index to predict whether Bitcoin will outperform altcoins or vice versa. When the index flashes signs of weakness, it’s often a sign that altcoins may be about to outperform Bitcoin.

Capo’s bearish outlook on the Bitcoin dominance index comes as he emphasizes his bullishness on Ethereum against Bitcoin (ETH/BTC). The trader retweets a chart he posted in late February showing that ETH/BTC may be poised to print a new all-time high.

“Soon you will see…”

Source: Capo/Twitter

Another coin on Capo’s radar is Ethereum-based automated market maker Balancer (BAL), which he says is also primed to reach a new all-time high against Bitcoin.

“BAL/BTC all-time high is programmed.”

Source: Capo/Twitter

The next coin on Capo’s list is a project designed to reduce risk through diversification and decentralizations: Reserve Rights Token (RSR). According to Capo, RSR/BTC is positioning to soar over 66% from 0.0000015 to 0.0000025.

Source: Capo/Twitter

Coming in at number four is e-sports and video entertainment protocol Verasity (VRA/BTC), which Capo notes has managed to end its six-month downtrend.

“VRA – Before vs. After. Squiggles don’t lie. Bearish market structure is broken after a deviation. Fundamentals are good.”

Source: Capo/Twitter

The last coin is blockchain-based gaming ecosystem SAND. Capo says he is bullish on both SAND/BTC and SAND/USDT.

“SAND Not selling below $1.”

Source: Capo/Twitter

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