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A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) amid a recent correction. The trader pseudonymously known as Sherpa tells his 246,700 followers on the social media platform X that Bitcoin is still in a “strong bullish trend” despite breaking below the $106,000 support level. According to the widely followed analyst and trader, Bitcoin is primed to “bounce” as there is strong support at around the $104,000 price level. Source: Altcoin Sherpa/X Based on Sherpa’s chart on the four-hour time frame, Bitcoin could fall lower to just above $103,000 and then trade sideways for a while in a consolidation zone. “Things look okay for now, I would expect more pokes around this area but the longer the time spent here, the better in my opinion. You want to see a good low form.” Source: Altcoin Sherpa/X Bitcoin is trading at $105,841 at time of writing. Turning to Popcat (POPCAT), Sherpa says the memecoin built in the Sola...

Despite the brief consolidation wave that hit the crypto market recently, the ‘Uptober’ hype has brought some vigor back to the crypto market. It’s that time of the year when analysts and traders pay close attention to crypto market metrics and price charts, and now the spotlight is on three select meme coins– Popcat (SOL) , BlockDAG (BDAG), and Cutoshi (CUTO). While each meme coin has unique price trajectories, CoinMarketCap data offers insights into how key trends affect their prospects and what investors can expect, especially in anticipation of the forthcoming bull run. Has POPCAT Hit A Free Fall? Since the POPCAT listing , the meme coin has steadily climbed to become one of the most popular meme coins in the crypto market. However, while the rest of the market shows bullish signals, Popcat (SOL) is doing the opposite, according to data from CoinMarketCap . Source: CoinMarketCap When the POPCAT price set a new all-time high just two days ago...

Crypto trader nets $1M with a perfect win rate on cryptocurrency trading strategy. An investor has shocked the crypto world. They made flawless trades on the meme token $POPCAT. Also Read: Here’s Why Bitcoin (BTC) Could Hit $100K in Q4 Master the $1M Crypto Trading Strategy: 100% Win Rate, POPCAT Insights, and Swing Trading Tips Big Wins in Shaky Markets This trader is really good at swing trading $POPCAT! He has executed 8 trades on $POPCAT since Aug 20, with a 100% win rate and a total profit of over $1 million! Address: https://t.co/YssVSskTOnhttps://t.co/CHHiES9nGy pic.twitter.com/eSWAK3U678 — Lookonchain (@lookonchain) October 8, 2024 Lookonchain, an on-chain Analysis service, shared amazing data from the Solana blockchain. One trader has made over $1 million from $POPCAT’s price changes since August 20. They haven’t lost once. Looking at the Winning Trades The trader made eight well-timed trades, each using short—to medium-term price moves, which shows that they...

According to cryptocurrency Analysis platform LookOnChain, a smart whale sold 2.66 million Popcat (POPCAT) at $1.36 per coin in the last 20 hours, making a profit of nearly $3.96 million. The wallet still holds 3.45 million tokens of the cat-themed meme coin, worth around $4.48 million. LookOnChain highlights that the trader has now purchased 30.22 million $GIGA tokens, worth around $1.45 million. Also Read: Meme Coin Miracle: Trader Turns $800 into $10 Million with Moo Deng This smart whale sold $POPCAT for profit and bought $GIGA! He sold 2.66M $POPCAT($3.61M) at $1.36 in the past 20 hours, leaving 3.45M $POPCAT($4.48M), with a profit of ~$3.96M! Then spent 1.45M $USDC to buy 30.22M $GIGA at $0.048.https://t.co/C0iUUqYMFM pic.twitter.com/jdeUf8bOg7 — Lookonchain (@lookonchain) October 8, 2024 Why Did The Cryptocurrency Trader Sell The Memecoins? POPCAT’s Price Performance The cat-themed meme coin hit an all-time high of $1.47 yesterday. The asset has since fallen by 16.7%...