{"id":381202,"date":"2019-05-08T00:00:39","date_gmt":"2019-05-08T00:00:39","guid":{"rendered":"https:\/\/uniquehot.com\/?p=381202"},"modified":"2019-05-07T16:22:47","modified_gmt":"2019-05-07T16:22:47","slug":"analyst-crypto-markets-likely-to-surge-significantly-higher-in-next-48-hours","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/analyst-crypto-markets-likely-to-surge-significantly-higher-in-next-48-hours\/","title":{"rendered":"Analyst: Crypto Markets Likely to Surge Significantly Higher in Next 48 Hours"},"content":{"rendered":"
Bitcoin has incurred significant buying pressure over the past month that has allowed multiple major altcoins to surge. Despite this, many altcoins have remained stagnant and have failed to match the large gains that BTC and the aggregated crypto markets has posted over the past month.<\/p>\n
Now, one prominent cryptocurrency analyst is expressing an overwhelmingly bullish sentiment, telling his over 50k followers that there may only be a couple of days left to buy altcoins at a \u201cdiscount\u201d before they begin surging significantly higher.<\/p>\n
Currently, the crypto markets are experiencing a mixed trading session, with Bitcoin leading the way, posting a 3% surge over the past 24-hours.<\/p>\n
Since early-April, Bitcoin<\/a> has surged from lows of roughly $4,000 to highs of nearly $6,000, which were set yesterday. BTC is now trading just a hair below its 2019 highs, and many analysts believe that the next crypto bull run is currently in its early phase.<\/p>\n Although Bitcoin is up significantly over the past couple of months, many altcoins have remained stagnant and have failed to post any massive gains that resemble the early phases of a bull market.<\/p>\n Despite this, Galaxy, a celebrated crypto analyst, explained in a recent tweet that altcoins may soon incur a sudden influx of buying pressure that sends them skyrocketing higher.<\/p>\n \u201cProbably less than 48 hours to buy altcoins at a discount. Green line breaks up and it’s showtime,\u201d he said, referencing the below chart.<\/p><\/blockquote>\n Probably less than 48 hours to buy altcoins at a discount. <\/p>\n Green line breaks up and it's showtime. #altcoins<\/a> #altcoinmarketcap<\/a> pic.twitter.com\/GKJVPseiQ3<\/a><\/p>\n — Galaxy (@galaxyBTC) May 7, 2019<\/a><\/p><\/blockquote>\n\n