👀👀Experienced Analyst Evaluates Bitcoin and the Altcoin He Is Optimistic About: “BTC in a Few Weeks…” 👀👀
Cryptocurrency analyst Rekt Capital has offered a positive outlook for Bitcoin (BTC) and AAVE, stating that both assets are approaching critical levels and are expected to experience potential upward movements in the coming weeks.
In its latest analysis, Rekt Capital stated that Bitcoin has reclaimed a key three-month level of $58,800 and is currently trading above that level. “Bitcoin has reclaimed the three-month level of $58,800 and is now trading above it,” the analyst said. If Bitcoin can maintain this level until the end of September, it will indicate that the previous test was successful and paves the way for further increases. Rekt Capital also suggested that Bitcoin is very close to regaining its accumulation range and aligning with post-halving price trends. “History suggests that Bitcoin should make a big rally in the next few weeks,” he added.
In addition to Bitcoin, Rekt Capital also drew attention to the popular decentralized finance (DeFi) token AAVE. He noted that AAVE has the potential to repeat historical price patterns if it can make a weekly close above $146. “If AAVE wants to repeat history, it needs to make a weekly close above $146,” the analyst said, adding that the token had completed a previous retest, which could lead to further upward movement.
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