Analyst Known for Calling Bitcoin and Crypto Bottoms Issues Alert to Altcoin Traders

A crypto strategist who nailed Bitcoin’s (BTC) 2018 bottom believes we’re in for a rough few weeks after this year’s bullish start. Pseudonymous analyst Smart Contracter tells his 219,300 Twitter followers that many altcoins have already completed their five-wave rallies. The analyst is referring to the core principle of the Elliott Wave theory, a technical analysis approach that tries to predict future price action by following crowd psychology that tends to manifest in waves. According to the theory, a bullish asset is likely to witness a corrective move after going through a five-wave uptrend. Says Smart Contracter, “People aping alts