A well-known crypto analyst, Bitcoin 
$62,753While he remains optimistic about (BTC), he shared his updated perspective on layer-1 blockchain Aptos (APT) and a memecoin that has seen big gains over the past 10 months.
Bitcoin Analysis
Crypto analyst Altcoin Sherpa told his 224,300 followers on the social media platform that fundamental metrics point to an upcoming bull market for the largest crypto asset by market capitalization:
“BTC: There must be a suitable point for uptrend. “Near 50” of the Fibonacci retracement level. 200-day exponential moving average (EMA) + wick low. “Until otherwise stated, I’m still optimistic.”
Aptos Status
Stating that Aptos’ graphics look good, Sherpa announced that he plans to accumulate the asset at approximately $ 7.50:
“APT: I’m considering buying at $7.50. The graph still looks reasonable (in my opinion).”
Meme Coin Performance
The memecoin called Dogwifhat (WIF) has increased by 166,566 percent since December. Sherpa stated that WIF could rise to $3 as long as Bitcoin maintains its health:
“WIF retest has occurred, BTC could be above $3 as long as it maintains its health.”
Bitcoin is currently trading at $62,700 and is up 3 percent in the last 24 hours. Aptos, on the other hand, draws attention with a gain of 4.52 percent at $ 8.42. WIF, on the other hand, has increased by 17 percent in the last 24 hours with a value of $ 2.66.
Fibonacci retracement is one of the technical analysis methods that indicates potential support and resistance points for an asset. According to the analyst, the fact that BTC is approaching important levels indicates that the market may move in a positive direction.
Despite the recent fluctuations in crypto markets, analyst predictions can be an important reference point for crypto investors. Closely monitoring the performance of assets such as BTC, APT and WIF can be effective in determining investment strategies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
