<\/p>\n
A closely followed analyst warns that the crypto market may be a few days from witnessing an extended corrective period.<\/p>\n
Pseudonymous analyst The Flow Horse tells his 205,700 followers on the social media platform X that crypto traders appear to be exuberant following the marketwide rally over the last few weeks.<\/p>\n
According to the crypto strategist, Bitcoin (BTC<\/a>) will likely see<\/a> one more move to the upside before printing a temporary top.<\/p>\n \u201cI\u2019m thinking we are pretty close to a decent length top. Months not years, obviously.<\/em><\/p>\n Thinking the halving +\/- one month<\/em><\/p>\n Form a higher low and consolidate for a bit.<\/em><\/p>\n There is a lot of dispersion and plenty of signs are there. Also, it doesn\u2019t help risk if NVDA (Nvidia) tops for a bit around the conference, which wouldn\u2019t be surprising either.<\/em><\/p>\n One-to two-month consolidation after a push above $70,000 would be my guess.\u201d\u00a0<\/em><\/p>\n But before crypto sees a broader correction, The Flow Horse says an event could trigger<\/a> rallies for one group of altcoins. According to the analyst, the artificial intelligence (AI) crypto sector may witness a big burst to the upside in anticipation of the Nvidia GTC, an AI-focused global conference slated for March 18th.<\/p>\n \u201cWe are just [eight] days away from the Nvidia conference. Memecoins are currently the hotter segment of the meme\/AI barbell. However, this should shift, just in time for a pivot back into AI, as people crowd in at the last minute for what is probably another really easy event-driven trade.\u201d\u00a0<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>  <\/p>\n Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A closely followed analyst warns that the crypto market may be a few days from witnessing an extended corrective period. Pseudonymous analyst The Flow Horse tells his 205,700 followers on the social media platform X that crypto traders appear to be exuberant following the marketwide rally over the last few weeks. According to the crypto […]<\/p>\n","protected":false},"author":2,"featured_media":114752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-262394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=262394"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262394\/revisions"}],"predecessor-version":[{"id":262396,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262394\/revisions\/262396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/114752"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=262394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=262394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=262394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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