Analyst Shares Expectations For Local Bottoms Of Certain Cryptos

• The analyst expects Bitcoin’s bottom to be between $12k and $14k.
• ADA is currently worth $0.3008 after a 1.06% drop in price.
• LTC is one of the few cryptocurrencies in the green for today.

A crypto analyst took to Twitter on November 21 to share his expectations for the local bottoms of certain cryptocurrencies after a capitulation event. According to the post, the analyst expects Bitcoin’s bottom to be between $12k and $14k. For Ethereum (ETH) and Cardano (ADA) he expects their bottoms to be between $600-$650 and $0,16-$0,20 respectively.

He also shared his expectations for Litecoin (LTC), Polkadot (DOT) and FTX Token (FTT), and believes these tokens will reach their bottoms at $29-$32, $2.8-$3.1 and $0.000001 respectively.

When looking at the prices of some of these cryptocurrencies, CoinMarketCap indicates that BTC is currently trading at $15,701.40 after a 2.77% drop in price over the last 24 hours. The crypto market leader is also still in the red by more than 6% over the last week.

BTC’s 24-hour trading volume is up by more than 13% and now stands at $329,730,569,965.

ADA is currently worth $0.3008 after a 1.06% drop in price over the last day, and after reaching a low of $0.3003 over the same time period. The altcoin was able to strengthen against BTC and ETH by about 0.97% and 2.70% respectively.

LTC is one of the few cryptocurrencies in the green for today. At the moment, LTC is trading at $61.77 after a 1.77% increase in the altcoin’s price over the last day. In addition to this, the crypto is up by more than 5% over the last seven days.

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