In a fresh analysis, renowned trader Altcoin Sherpa shared his insights on the potential trajectory of Bitcoin BTC/USD and Rollbit RLB/USD, which has already seen a 7,500% upmove in the past year.
With the crypto market's ever-evolving nature, such predictions are invaluable for investors and enthusiasts alike.
This revelation comes just ahead of the much-anticipated Benzinga's Future of Digital Assets conference on Nov. 14. The event is set to be a hub for crypto experts, traders, and stakeholders to discuss the future of digital assets, and Altcoin Sherpa's predictions are likely to be a topic of interest among attendees.
Rollbit, after experiencing a few weeks of stagnation, is gearing up to come onchain.
Altcoin Sherpa expressed optimism about its short-term performance, highlighting Rollbit as a potential leader in its sector.
Also Read: SEC Asks Judge To Dismiss Lawsuit Against Ripple Executives, But There's Pending Issues
This sentiment suggests that the altcoin could be on the verge of a significant breakout, making it a focal point for investors.
On the other hand, Bitcoin's future movements appear to be at a pivotal juncture.
Altcoin Sherpa emphasized the importance of Bitcoin's next high, indicating that the coming weeks would provide more clarity on its direction.
If Bitcoin manages to break the 32,000 mark, it could surge to 40,000.
If the recent high doesn't see further momentum, the crypto giant might dip to the low $20Ks.
Read Next: David Alderman To Illuminate Crypto's True Worth At Benzinga's Digital Assets Conference
Join Benzinga's Fintech Deal Day & Awards on Nov. 13 and Future of Digital Assets on Nov. 14 in New York City to stay updated on trends like AI, regulations, SEC actions and institutional adoption in the crypto space. Secure early bird discounted tickets now!
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