Bitcoin, Ethereum, XRP In Fine Shape, Analyst Says: 'People Are Freaking Out Just Because It's Going Sideways'

  • A recent minor dip across major cryptocurrencies did little to discourage one of the industry's most prominent analysts, who remains optimistic about near-term price action. What Happened: In a podcast update published on Wednesday, pseudonymous crypto analyst DonAlt said he's surprised by how quickly traders are panicking over minor pullbacks: "Bitcoin's (CRYPTO: BTC) chart is hilariously bullish on the monthly.