A crypto analyst who bought Bitcoin (BTC) around its lowest point last year is expressing bullish sentiment on a top-20 altcoin by market cap.
Pseudonymous crypto trader DonAlt tells his 47,500 YouTube subscribers in a new video that he “very much be happy” with Litecoin (LTC) hitting $200.
According to DonAlt, Litecoin is rising linearly on the “magnificent” weekly chart.
For the Litecoin/Ethereum (LTC/ETH) pair, the pseudonymous crypto trader says that he expects Litecoin to outperform Ethereum over the short term.
According to DonAlt, Litecoin could experience a massive rally against Ethereum and after the rally stalls, he will convert his LTC into ETH.
Earlier this week, DonAlt told his 461,200 Twitter followers that if Litecoin closes above $100, it could rally up to $220.
Turning to Bitcoin, DonAlt says that he is targeting the flagship crypto asset to hit $32,000 to take profits.
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