Crypto analyst says Bitcoin will move ‘like a runaway train’, rallies for Binance Coin and Polygon predict

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A popular crypto trader believes Polygon (MATIC) and Binance Coin (BNB) are on the verge of rallying before Bitcoin (BTC) hits $ 100,000.

Crypto market analyst known as Altcoin Sherpa has told his 141,900 Twitter followers that Bitcoin may leave the last door open for buyers before taking the next step.

“IMO [in my opinion] this is the last chance to get on the Bitcoin train before it takes off. When it speeds up, I expect it to suck all the altcoins liquidity out of the market and move like a runaway train. A higher low is setting now – don’t get left behind.

Source: Altcoin Sherpa / Twitter

He says the next move Bitcoin makes will be huge, based on the healthy market structure shown by the estimated moving averages.

“For this being at record levels, the EMAs [estimated moving averages] are actually very, very healthy IMO. The price cut and consolidated for a while, I think when that moves it will be huge. “

Source: Altcoin Sherpa / Twitter

Taking a look at Binance Coin, Sherpa expects the altcoin to exceed $ 600, but doesn’t think BNB will be able to overtake Bitcoin.

At the time of writing, BNB is trading at $ 548.55, according to CoinGecko.

“BNB: I expect this to continue up to $ 600. All-time highs in USD [US dollar] pair to come, but I don’t think it’s going to outperform BTC personally.

Source: AltcoinSherpa / TwitterSource: AltcoinSherpa / Twitter

As for the Polygon Layer 2 (L2) Ethereum scaling solution, he expects MATIC to reach new all-time highs in the coming weeks. He anticipates a volatile period as competition from L2s and sidechains intensifies.

“MATIC: Another good project, while waiting for it to reach historic heights in the coming weeks. The battle between these side chain / L2s / EVM clones is going to be really interesting in the coming months. ETH gas makes it pretty unusable for normal [people]. “

Source: AltcoinSherpa / TwitterSource: AltcoinSherpa / Twitter

Currently, MATIC is trading at $ 1.98, according to CoinGecko.

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