A popular crypto analyst believes that investors will have one last chance to buy Bitcoin (BTC) and Ethereum (ETH) at lower prices before the market enters the next bull phase.
Bitcoin and Ethereum Pullback Coming
The analyst, known as Rager, told his followers on social media that he’s keeping some money aside in anticipation of one more pullback. He believes that Bitcoin and Ethereum might see a correction around the April halving, when the rewards for BTC miners are cut in half.
Bitcoin Poised for a Short-Lived Pullback
Rager thinks that Bitcoin is primed for a short-lived pullback. He expects the retracement to set the stage for Bitcoin to rally above $60,000.
Ethereum Set to Move Higher
Rager is also bullish on Ethereum. He believes that the native asset of the top smart contract platform is poised to move higher. He has a target price of $3,500 for ETH in the near term.
Don’t Miss Out
Rager advises investors to take advantage of the last opportunity to accumulate Bitcoin and Ethereum at lower prices before the market enters the next bull phase. He believes that both cryptocurrencies have a lot of upside potential in the coming months.