CandleFocus

Trader Says Altcoin That’s Up Over 18,000% Year-to-Date ‘Looks Incredibly Strong,’ Updates Outlook on Bitcoin

The cryptocurrency trader and analyst, known as Altcoin Sherpa, believes that Solana-based memecoin Popcat (POPCAT) could potentially reach a support level of $1. Popcat has experienced significant growth, increasing over 18,000% since January. Altcoin Sherpa also predicts a possible scenario for Bitcoin, suggesting that there may be a period of consolidation in October and November before a strong rally in December and January. Bitcoin is currently trading at $60,508.

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