A closely followed crypto strategist is predicting a massive expansion for the digital assets market similar to what occurred in 2019.<\/p>\n
Pseudonymous analyst The Flow Horse, also known as Cantering Clark, tells<\/a> his 182,300 X followers that the crypto market could end this year on a positive note.<\/p>\n In 2019, the crypto markets bounced back from a dismal 2018 and saw an expansion of decentralized finance (DeFi) projects, setting the stage for huge bull rallies in\u00a02020 and 2021, during the height of the COVID-19 pandemic.<\/p>\n \u201cJust keep thinking 2019 and you will do alright into the end of the year. <\/em><\/p>\n Who knows what will bring the Covid-style larger move, but I would imagine we get something similar in one form or another that gets bought up in the same fashion.\u201d <\/em><\/p>\n The analyst also says<\/a> he is currently only trading Bitcoin (BTC<\/a>).<\/p>\n \u201cHave no interest in alts right now, the only crypto trade is BTC just because of the location.\u201d <\/em><\/p>\n He predicts<\/a> that after the latest abrupt Bitcoin market correction, a short squeeze is likely to play out, after retesting the $25,117 level.<\/p>\n \u201cI feel like the chances that the market smokes this level after the first major test is slim. <\/em><\/p>\n Seems like the best area to trap sellers, and arguably the best place for long contextual R:R (risk\/reward ratio). <\/em><\/p>\n I\u2019ll catch a falling knife.\u201d<\/em><\/p>\n A short squeeze happens when traders borrow an asset at a certain price in hopes of selling it for lower to pocket the difference but are forced to buy back the asset as momentum moves against them, triggering further rallies.<\/p>\n Bitcoin is trading for $26,200 at time of writing, up 1.3% in the last 24 hours.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
\n
\nCheck Price Action<\/a><\/span><\/em>
\n
\nFollow us on Twitter<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>
\n
\nSurf The Daily Hodl Mix<\/a><\/span><\/em>
\n<\/p>\n
![](\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\")
<\/p>\n