Featured image from Kanalcoin, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst DonAlt has listed four altcoins he will buy once he believes that Bitcoin\u2019s price has bottomed. The analyst further provided insights into why he is particularly bullish on these altcoins.\u00a0 Ethereum Is Number One On The Altcoins List DonAlt mentioned in an X (formerly Twitter) post that he will buy \u201cETH, DOGE, LTC, and maybe PEPE\u201d whenever he believes BTC has bottomed. In a video posted on his YouTube channel, he gave insights into why he was bullish on these crypto tokens, especially Ethereum. Related Reading: Crypto Analyst Says Bitcoin Must Hold Above $51,800 As ETF Outflows Trigger Crash The crypto analyst mentioned that Ethereum is now low enough for him to be comfortable with buying. He also suggested that the crypto token was likely a good buy at this price level, stating that it is currently having a good price action (especially on the weekly chart) with Bitcoin struggling.\u00a0 DonAlt added that Ethereum will likely experience a good breakout as Bitcoin struggles and that its underperformance could be over soon. However, DonAlt hasn\u2019t bought Ethereum yet. He revealed that he will bet on Ethereum if Bitcoin reclaims $62,000.\u00a0 The analyst further suggested that Bitcoin reclaiming this level would determine whether or not the bottom was in. To support his stance, he noted that many altcoins are struggling to hold their support levels due to Bitcoin\u2019s breakdown. However, if Bitcoin were to reclaim $62,000, the rest of the market would likely pick up, too.\u00a0 Meanwhile, DonAlt remarked that Ethereum could move to $4,000 if it manages to close above $3,000 on its weekly chart. He further stated that this is the most bullish he has been on the second-largest crypto token in years.\u00a0 Why Dogecoin (DOGE) And Pepe (PEPE) DonAlt didn\u2019t give an exact reason why he was looking to buy Litecoin other than the fact that it is an old coin. However, he gave insights into why he was bullish on the other two altcoins, Dogecoin and Pepe.\u00a0 Related Reading: Dogecoin Breaks Out Of Descending Triangle Like It Did In 2021, Analyst Sets $6 Target According to him, the foremost meme coin is still likely to reach $1 if Bitcoin hasn\u2019t topped out, which presents an opportunity to make a lot of money. Interestingly, he had previously claimed that Dogecoin was a better investment than Bitcoin. He also revealed that he is waiting for Dogecoin to drop to around $0.11 before buying, although he is still comfortable with buying around $0.15 if it doesn\u2019t.\u00a0 Meanwhile, as to why he is bullish on Pepe, he suggested that the meme coin was a good buy because of its recent performance. He went as far as comparing it to Dogwifhat (WIF) and claimed that he would pick Pepe over it because Pepe is on a \u201cnon-joke-like chain\u201d (Ethereum), unlike WIF, which is a \u201cmeme on a meme chain\u201d (Solana). ETH price\u00a0 recovers above $3,000 | Source: ETHUSD on Tradingview.com Featured image from Kanalcoin, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":606408,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,138,142,89606,167,6664,26263,14690],"class_list":["post-606378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-altcoin-news","tag-altcoins","tag-altcoins-news","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\n
Crypto Pundit Lists 4 Altcoins To Buy Once The Bitcoin Price Bottoms<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n