Pseudonymous Trader The Flow Horse Believes Altcoins Are Gearing up for a Surge After a Hefty Correction

Pseudonymous trader TheFlowHorse tells his 200,300 followers on the social media platform X that altcoins will likely soon soar from their market bottom in a mean reversion.

Apseudonymouscryptotrader with a large following on social media is predicting that altcoins will soon surge after a significant correction. The trader, known as TheFlowHorse, has over 200,000 followers on the platform X. He recently told his followers that altcoins will likely rebound from their market bottom in a mean reversion. “Putting Bitcoin aside, some of these alts are going to bounce so hard off just normal mean reversion. Might need to put together a shopping list but still feeling kind of apathetic about trading until at least July.” The analyst is also suggesting that Pepe (PEPE) will outshine other memecoins, including dogwifhat (WIF). “Memecoins aren’t dead, but I don’t know if you want to reference WIF as the representative pair or horse to bet on. [WIF is] down against Solana from SOL all-time high (ATH), underperforming BTC from BTC ATH, underperforming both from original April lows, underperforming from the last highs. The most fit horse is PEPE.” PEPE is valued at $0.00001272 at the time of writing, showcasing a 20% surge in the last 24 hours. However, the analyst suggests that WIF is likely bottoming out and might not reach the $1 level. “Feelings aside, I still prefer being a buyer here rather than a seller. Getting $1 fills would be poetic but probably isn’t happening.” WIF is valued at $2 at the time of writing, with an early 19% surge in the last 24 hours.

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