5 Best Crypto Traders to Follow in June 2024
The crypto market is not an easy-to-navigate space, considering the barrage of ongoing developments and changing conditions.
During this hour, traders who have experienced the space’s ups and downs tend to be helpful. BeInCrypto has compiled a list of individuals you could benefit from, too.
Scott Melker – The Wolf of All Streets- X Account – https://twitter.com/scottmelker
- Followers – 958K
Scott Melker, also known by his alias, The Wolf of All Streets, is one of the biggest crypto traders and influencers. His knowledge, however, is not constrained to just the crypto market; he also draws influence from the financial market.
Although Melker does not have a bias toward an asset, his most recent Bitcoin prediction suggests a bullish outcome. Per his post, BTC is likely headed towards $74,000, enabling the crypto asset to post a new ATH.
$BTC Daily
Easy range trading.
Price broke from the bottom half of the range to the top.
Price tested the range EQ as support, now likely headed to the range highs. pic.twitter.com/F8Rd1TkJA9
- X Account – https://twitter.com/cryptorecruitr
- Followers – 256K
Dan Gambardello, a trader and the founder of Crypto Capital Venture is known for being an avid Cardano supporter. However, his analysis is not limited to Cardano; it also focuses on BTC and other altcoins.
His recent analysis of the dominance of Bitcoin over altcoins suggests that the alt season could begin soon. Gambardello stated,
“Altcoins should soon be getting ready to make their move and BTC dominance should begin falling, in between now & August.”
As far as crypto cycles go, we’re entering a critical time for me personally.
Altcoins should soon be getting ready to make their move and BTC dominance should begin falling, in between now & August.
Around 6.5 years of technical analysis & studying cycles comes down to this! pic.twitter.com/vZeFkRA4dW
- X Account – https://twitter.com/CJ900X
- Followers – 81K
CJ, who has the least amount of followers on this list, is still a very well-known trader. Accurate analysis and predictions of Bitcoin and altcoins have placed CJ on the list of must-follow traders.
CJ recently highlighted that Solana maxis will likely be disappointed by his prediction of an ETH/SOL chart on the daily timeframe. The chart formed a falling wedge, which is known to be a bullish reversal pattern.
This suggests a bullish outcome for Ethereum but a bearish outcome for Solana.
SOL maxis will hate this chart$ETH vs $SOL pic.twitter.com/tXhCpc1qeX
— CJ (@CJ900X) May 23, 2024 Benjamin Cowen- X Account – https://twitter.com/CJ900X
- Followers – 827K
Benjamin Cowen, another well-known trader in the crypto market, runs multiple high-profile newsletters covering the range of crypto, Stocks, and the macro-financial market. This range of knowledge enabled CowenCowen to make predictions of the macro-financial space with the help of historical cues.
A recent analysis from Cowen suggested that rate cuts from the Federal Reserve could be around the corner. He stated,
“Last cycle, we saw the Fed cut rates 1 month after ALT/BTC pairs broke down. ALT/BTC pairs broke down in June 2019 and then the Fed cut in July. Now we are already hearing chatter from the ECB about rate cuts, maybe the Fed is not going to be too far behind?”
Last cycle, we saw the Fed cut rates 1 month after ALT/BTC pairs broke down. ALT/BTC pairs broke down in June 2019 and then the Fed cut in July. Now we are already hearing chatter from the ECB about rate cuts, maybe the Fed is not going to be too far behind? pic.twitter.com/54o3iHPLRC
— Benjamin Cowen (@intocryptoverse) June 1, 2024 Rekt Capital- X Account – https://twitter.com/rektcapital
- Followers – 475K
Crypto trader and analyst Rekt Capital is not only a well-known influencer but also one of the most accurate in terms of prediction. Rekt Capital primarily predicts and analyzes Bitcoin but frequently features altcoins.
The most recent analyses from Rekt Capital highlighted a bullish outcome for Bitcoin’s price. With BTC closing in on $70,000, the analysts suggest a breakdown is unlikely.
#BTC
Bitcoin has performed a second consecutive Weekly Close below the Range High resistance of its ReAccumulation Range
However, Bitcoin is still hanging just below this Range High, refusing to perform a stronger rejection from here$BTC #Crypto #Bitcoin pic.twitter.com/F1J5cCEAnN
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