Bitcoin

Sherpa

<div class="dailyhodl"> 
 <p>A widely followed crypto trader says he has high hopes for one altcoin’s prospects during the next bull market expansion.</p> 
 <p>Starting with Rollbit (RLB), pseudonymous crypto analyst Altcoin Sherpa tells his 196,400 followers on the social media platform X that the native token of the crypto casino platform is “going to be very good in the bull market.”</p> 
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 <p>According to Altcoin Sherpa, Rollbit faces bearish prospects over the short term and it could fall by over 35% from the current price to “$0.07 or lower.”</p> 
 <figure id="attachment_260913" aria-describedby="caption-attachment-260913" style="width: 100%" class="wp-caption aligncenter">
  <img decoding="async" class="wp-image-260913 size-large" src="https://cdn.thebittimes.com/images/2023/09/28/ac67ddc1fb521c983f7ceac5850c60ed.webp" alt="" width="1024" height="https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp" srcset="https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 2475w, https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp?resize=300,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 300w, https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp?resize=768,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 768w, https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp?resize=1024,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 1024w, https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp?resize=1536,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 1536w, https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp?resize=2048,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 2048w, https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp?resize=750,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 750w, https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp?resize=1140,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 1140w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption id="caption-attachment-260913" class="wp-caption-text">
   Source: AltcoinSherpa/X
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 <p>On what could trigger the correction, Altcoin Sherpa says,</p> 
 <p><i>“Several things that could go wrong though in terms of regulation etc. I’m not interested at these current prices.”</i></p> 
 <p>Rollbit is trading for $0.108 at time of writing.</p> 
 <p>Turning to Bitcoin (BTC), Altcoin Sherpa says that his prediction that BTC would reach $28,000 over the short term is unlikely to come true. According to the analyst, Bitcoin’s support level is around $25,500, though he has reservations about it.</p> 
 <p><i>“High time frame view: potential shift in market structure for many of these exchanges where we had a lower low. I’m still viewing this area as a potential low being formed, but I’m not super excited about it and wouldn’t be surprised to see us go lower to the low $20,000s eventually.”</i></p> 
 <figure id="attachment_260914" aria-describedby="caption-attachment-260914" style="width: 100%" class="wp-caption aligncenter">
  <img decoding="async" class="wp-image-260914 size-large" src="https://cdn.thebittimes.com/images/2023/09/28/c76db86d0d836278717f64bf31728b1f.webp" alt="" width="1024" height="https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp" srcset="https://cdn.thebittimes.com/images/2023/09/28/4497f23ba5350f552a115e7af4e56a18.webp 2475w, https://cdn.thebittimes.com/images/2023/09/28/4497f23ba5350f552a115e7af4e56a18.webp?resize=300,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 300w, https://cdn.thebittimes.com/images/2023/09/28/4497f23ba5350f552a115e7af4e56a18.webp?resize=768,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 768w, https://cdn.thebittimes.com/images/2023/09/28/4497f23ba5350f552a115e7af4e56a18.webp?resize=1024,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 1024w, https://cdn.thebittimes.com/images/2023/09/28/4497f23ba5350f552a115e7af4e56a18.webp?resize=1536,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 1536w, https://cdn.thebittimes.com/images/2023/09/28/4497f23ba5350f552a115e7af4e56a18.webp?resize=2048,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 2048w, https://cdn.thebittimes.com/images/2023/09/28/4497f23ba5350f552a115e7af4e56a18.webp?resize=750,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 750w, https://cdn.thebittimes.com/images/2023/09/28/4497f23ba5350f552a115e7af4e56a18.webp?resize=1140,https://cdn.thebittimes.com/images/2023/09/28/b90302706612eedadcd11b028ae8a636.webp 1140w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption id="caption-attachment-260914" class="wp-caption-text">
   Source: Altcoin Sherpa/X
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 </figure> 
 <p>Bitcoin is trading at $26,683 at time of writing.</p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/trader-says-this-altcoin-could-be-very-good-for-next-bull-market-details-path-forward-for-bitcoin-tbt64291.html">https://thebittimes.com/trader-says-this-altcoin-could-be-very-good-for-next-bull-market-details-path-forward-for-bitcoin-tbt64291.html</a></p>

Trader Says This Altcoin Could Be ‘Very Good’ for Next Bull Market, Details Path Forward for Bitcoin

TheBitTimes

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