Crypto Trader Predicts Bitcoin ‘Chop Suey’ – Bitcoin, Ethereum, XRP Price Analysis

Crypto trader FilbFilb told his 10,000 followers on Twitter he’s long on Bitcoin, and expects the price of BTC to remain choppy for the short term.

$BTC chop suey for the next little while.

Expect Some noice bounces on offer as everyone lets their bias, emotions and leverage go on tilt.

Im long for now.https://t.co/XKgSK39bnm pic.twitter.com/S7qFvpz1du

— fil?fil? (@filbfilb) February 25, 2019

Right now, the market is mixed, with Bitcoin holding around $3,829 after its weekend run-up to just over $4,200, followed by Sunday’s sharp reversal.

CoinDesk’s Omkar Godbole says a key indicator suggests Bitcoin may have hit a bottom as technical analysts work to picture the path forward.

Bitcoin

CoinDesk – Long-term Bitcoin price indicator turns bearish, suggesting bottom may be in

FXStreet – Bitcoin bulls fall into bears’ trap

Bitcoinist  – Doing nothing in the immediate term for Bitcoin may be the wisest play

XRP

NewsBTC – XRP revisits key support, upsides remain capped

Blockonomi – Selling rallies a good idea

FXStreet – Flash crash refreshes lows around $0.2982

Ethereum

Blockonomi – Key reversal could trigger more losses

NewsBTC – ETH’s u-turn sets new short-term bearish bias

FXStreet – Trouble could still be around the corner

Image via Marco Verch/Flickr

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