Altcoin with Potential for More Upside, According to Top Trader
A popular crypto analyst believes that an altcoin could continue to rise and reach a new all-time high. The Flow Horse, a pseudonymous trader, suggests that Celestia (TIA) has the potential to increase by over 72% from its current value. Previously, he predicted that TIA would maintain an upward trend after holding the $5 price level. Currently trading at $5.81, TIA has surged about 160% since November 9th when it hit a low of $2.25.
About Celestia and Its Recent Performance
Celestia is a blockchain designed to allow anyone to launch their own decentralized networks at minimal cost. Just a few days ago, the altcoin reached its all-time high of $7.33.
Bitcoin ETF Outlook
The trader also shares his thoughts on Bitcoin (BTC) and the potential approval of a spot Bitcoin exchange-traded fund (ETF). He predicts that if approved, Bitcoin’s short-term prospects will be higher, followed by a decline in the intermediate term, and ultimately higher prices in the long term. At present, Bitcoin is trading at $37,268, showing a 1% decrease in the last 24 hours.
Bullish Stance on Worldcoin
The trader expresses optimism about Worldcoin (WLD), a cryptocurrency project founded by Sam Altman, the creator of OpenAI. Noting that WLD is on the verge of achieving its highest daily close after a rounded bottom lasting nearly four months, he believes it has significant upside potential during a bull market. With its association with Sam Altman and a market cap of $300 million, he expects WLD to trend closer to its fully diluted valuation. Currently, Worldcoin is trading at $2.40, down 6.2% in the last 24 hours.
Hot Take: Altcoin’s Potential, Bitcoin ETF, and Worldcoin Optimism
The Flow Horse, a well-known crypto analyst, suggests that Celestia (TIA) has the potential to increase by over 72% from its current value, following its recent surge and all-time high. Additionally, he shares his predictions for Bitcoin (BTC) in relation to a possible approval of a spot Bitcoin ETF, foreseeing short-term gains, followed by a decline in the intermediate term and eventual long-term growth. Finally, he expresses optimism about Worldcoin (WLD), citing its potential for significant upside during a bull market and its association with Sam Altman.