Analyst Who Called 2018 Bitcoin Bottom Sees Apex Crypto Heading Towards 'Choppy Grind Up' To This Level

A pseudonymous analyst on Tuesday said that Bitcoin BTC/USD appears to be losing momentum.

What Happened: ‘Smart Contracter’ told his 220,800 followers on Twitter that Bitcoin is likely heading towards a gradual, “choppy grind up” to $24,000, and ultimately a lower high. This suggests that BTC will experience some volatility in the short-term, 

The analyst asked traders not to fall into the trap of longing for a big move with every hourly reversal candle. “Go touch some grass,” he said.

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In another analysis, Smart Contracter said AI token Fetch.AI FET/USD “looks done here.”

The analyst said FET was one of the strongest altcoins over the last three months which was over “10 times from the lows.” FET was trading at $0.46, up 6% in the last 24 hours.

Price Action: At the time of writing, BTC was trading at $23,848, up 2.48% in the last 24 hours, according to Benzinga Pro data. 

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