Senior analyst said the emerging crypto industry is ready to experience new heights after the market shake.

A closely watched trader and analyst is closely watching a thriving crypto industry, which he says will reach new heights after the market-wide correction. In a new tweet, the crypto strategist known as Altcoin Psycho said that his 194,600 followers were looking at the Decentralized Finance Sector (DeFi), which benefits from profits from unrelated altcoin projects. “In the near future, I think the money will flow from dead projects and go back to DeFi. It may give a hill view *, but it is not. We will see a lot of red, but it will be in the form of rebalancing … When this happens, I expect the money to go back to DeFi and we see tons of DeFi projects reaching new heights. Altcoin Psycho is one of the few analysts in the crypto markets that adheres to its correction program. That's exactly what I wanted. Remember the long-term plan. Https:// – Altcoin Psycho (@AltcoinPsycho) April 18, 2021 In Bitcoin, the crypto strategist believes the BTC bull market has not yet lowered the curtain. "We'll probably go further down in BTC, but that's not the peak of the bull cycle." Looking at Ethereum (ETH), expect Altcoin Psycho's leading smart contract platform to show an epic recovery and a new upswing one day. "If ETH closes, I'll buy the drop very heavily. We'll see ETH at $ 3,000. If not, but when." beat – Subscribe to receive crypto alerts via email directly into your inbox Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check the latest news Disclaimer: The views expressed in The Daily Hodl are not investment advice. Investors should exercise due diligence before making risky investments in Bitcoin, cryptocurrency or digital assets. Remember that your transfers and transactions are at your own risk and any damage you incur is your responsibility. Daily Hodl does not recommend buying or selling crypto Read more

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