Top Trader Says Hes Bullish on Two Underrated Altcoins, Unveils Big End of Year Target for Bitcoin – The Daily Hodl

A high-profile crypto trader is sharing his two under-the-radar altcoin picks and his Bitcoin bull market end-of-year prediction.

In a new tweet, the crypto analyst known as Capo tells his 112,000 followers that hes preparing for global digital marketplace World Token (WORLD) to perform extremely well against Ethereum (ETH) in the coming days.

WORLD ready to bounce.

WORLD is nearly 100% off its February all-time high of $0.25, trading at around $0.13 at time of writing. World Token is what some traders might call a micro-cap, sitting at just above a $12 million valuation. The assets 24-hour volume is under $500,000.

Capo also spotlights Phala Network (PHA), a privacy protocol built on budding smart contract platform Polkadot (DOT).

The analyst says PHA is gearing up to follow the footsteps of Quant (QNT), a project that seeks to facilitate blockchain interoperability. According to Capos chart, PHAs price action is reminiscent of Quants market structure before it ignited a massive breakout.

Do you see this breakout? I know a chart that looks EXACTLY like this before breaking out And its PHA!

In a separate tweet, Capo also revealed his assessment regarding BTC versus altcoin performance in the short term. The analyst believes Bitcoin will likely consolidate for an extended period possibly leaving an opportunity for Ethereum to flip Bitcoins market cap. However, Capo predicts the flagship cryptocurrency will rally by over 400% before the years end.

After this consolidation, we get a last epic run until December, which will take BTC above $200,000. Altcoins will probably keep outperforming Bitcoin, and a flippening is likely before the cycle ends.

Featured Image: Shutterstock/THONGCHAI.S/Inked Pixels

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Top Trader Says Hes Bullish on Two Underrated Altcoins, Unveils Big End of Year Target for Bitcoin - The Daily Hodl

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