The crypto market is about 60 days away from a parabolic bull run.
Donald Trump’s failed assassination is affecting the crypto market positively.
Some cryptos will not rally significantly in the coming bull run.
Crypto Banter host Ran Neuner believes the crypto market is approximately 60 days away from a parabolic bull run. He suggests that now is the time for crypto traders and investors to prepare their portfolios for a profitable cycle. The crypto market analyst outlined several reasons behind the anticipated bull run, identifying cryptos that users should and should not hold.
In a recent video, Neuner explained how the failed Trump assassination attempt is shifting sentiment in the crypto world, potentially triggering momentum that could lead to a long-term bullish outlook for Bitcoin and other cryptocurrencies.
Neuner also highlighted how the crypto market responded after the recent dip caused by the German government’s massive Bitcoin selloff. He explained how Bitcoin’s price has recovered and is approaching the top of a previous range. Additionally, the exhaustion of the German government’s selloff coincided with the failed Trump assassination attempt, creating a confluence of events contributing to the growing crypto market momentum.
Neuner identified several stakeholders in the financial sector, including prominent figures in the crypto industry, supporting the pro-crypto presidential candidate. He noted that Donald Trump’s Vice-Presidential candidate, JD Vance, is also pro-crypto, reinforcing the sentiment that the crypto industry would benefit from more favorable policies if Trump wins the next U.S. presidential election.
In what he described as “hard truths,” Neuner listed several cryptocurrencies that users should consider removing from their portfolios ahead of the upcoming bull run. They include Litecoin (LTC), Algorand (ALGO), Cardano (ADA), IOTA, Ripple (XRP), Axie Infinity (AXS), Sandbox (SAND), VeChain (VET), Quant (QNT), EOS, and Worldcoin (WLD).
Alternatively, the renowned analyst advised users to hold and accumulate tokens like Near Protocol (NEAR), Chainlink (LINK), Fantom (FTM), and The Graph (GRT). He used price actions, chart formations, and network activities to categorize cryptos into potential winners and losers in the anticipated bull cycle.
The post Cryptocurrencies to Avoid in the Next Bull Run, According to Analyst appeared first on Coin Edition.
