Analyst Warns Bitcoin Downtrend, Updates Target For FTM, NEAR

The year 2022 has experienced an extended pump and dump trade especially from May. Today the market appears a bit greener as Bitcoin has gained 0.46% while Ethereum has surged by 0.63% in the last 24hrs. The same is followed by other altcoins like BNB, XRP, Cardano among others.

Meanwhile, a closely followed crypto analyst is giving his bearish prediction towards Bitcoin (BTC) along with altcoins like Fantom (FTM), Injective Protocol (INJ) and Near Protocol (NEAR).

Fantom (FTM)

The analyst who is anonymously known as altcoin sherpa