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Bitcoin Warning From Crypto ‘Whale Whisperer’ Goes Viral – Plus Ripple, XRP, Ethereum and Cardano

From a bearish Bitcoin prediction to new stats on Ripple’s use of XRP and a bird’s-eye view of Cardano, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

A prominent Bitcoin analyst has surfaced after a nearly two-month hiatus, sending a warning to his fellow traders.

In a new viral tweet, the self-proclaimed “whale whisperer” AngeloBTC tells his 138,000 followers that he believes Bitcoin is facing another major drop to around $6,000. After that, he expects a turnaround.

“Patiently waiting for $6k BTC levels, where I will add to long-term holdings. Good luck homies.”

Fellow analyst DonAlt is also alerting his 122,000 followers of potential danger in the short term. He says BTC needs to cross $8,750 to trigger a sustainable shift in momentum.

“Still no close above $8,750. Still looks pretty shitty.

I’m bearish until BTC starts reclaiming levels instead of getting rejected by them.

Next resistance: $8,200. Next support: $7,700. Next support that I’d trust to trade on the long side: $7,000.”

From a bearish Bitcoin prediction to new stats on Ripple’s use of XRP and a bird’s-eye view of Cardano, here’s a look at some of the stories breaking in the world of crypto.

Bitcoin

A prominent Bitcoin analyst has surfaced after a nearly two-month hiatus, sending a warning to his fellow traders.

In a new viral tweet, the self-proclaimed “whale whisperer” AngeloBTC tells his 138,000 followers that he believes Bitcoin is facing another major drop to around $6,000. After that, he expects a turnaround.

“Patiently waiting for $6k BTC levels, where I will add to long-term holdings. Good luck homies.”

Fellow analyst DonAlt is also alerting his 122,000 followers of potential danger in the short term. He says BTC needs to cross $8,750 to trigger a sustainable shift in momentum.

“Still no close above $8,750. Still looks pretty shitty.

I’m bearish until BTC starts reclaiming levels instead of getting rejected by them.

Next resistance: $8,200. Next support: $7,700. Next support that I’d trust to trade on the long side: $7,000.”

At time of publishing, Bitcoin is up 3.55% at $8,258, according to CoinMarketCap.

Ethereum

A new edition of the Week in Ethereum blog post is out.

The post covers the latest on the transition to Ethereum 2.0 and includes a number of updates on Ethereum-based platforms such as Nightfall, MyCrypto and Compound.

Meanwhile, Ethereum co-creator Vitalik Buterin is highlighting his research on building a two-way bridge between eth1 and eth2.

Source: themerkle.

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