In the crypto market, staying ahead of the curve demands more than just surface-level knowledge. Often, it involves following top crypto traders who offer insights that average investors might miss.
Some traders have consistently navigated this highly volatile market with skill and precision. As we enter September, here are five of the best crypto traders you should consider keeping an eye on.
Crypto Tony
Crypto Tony is one of the best crypto traders to follow in September 2024. With over 448,000 followers on X, Tony regularly advises newbies not to use leverage and to keep to the basics, making him one of the most sought-after traders for beginners.
An assessment of the analyst’s page shows that his focus is on Bitcoin (BTC). Altcoins like Ripple (XRP), as well as the top meme coins, are part of the analysis Tony shares. In a recent post, the trader posted his thesis on Polkadot (DOT).
According to Tony, DOT, which has seen a notable decline recently, could offer a good entry point for a future purchase.
DOT Price Action. Source: X/Twitter
Pentosh1
Pentosh1 is a pseudonymous crypto trader with over 800,000 followers on X, famous for his short-term analysis of Bitcoin and altcoins. In July, Pentosh1 opined that altcoins might remain stuck in low ranges after most had fallen 15% to 20% from their bear market lows.
Interestingly, this has largely been the case since his prediction. Regarding Bitcoin, Pentosh1 suggests that the cryptocurrency could rally to a new all-time high soon.
“Believe it only to be a matter of time before BTC hits a new ATH. Look at the last 6 months alone, an ETF approval that has been the most successful ETF in history and is now capturing a large portion of the political environment with multiple nation-states discussing it on top,” he posted.
Benjamin Cowen
Third on this list is Bejaminn Cowen, who previously appeared on the best crypto traders list in June. Cowen’s emergence is again linked to his expertise in providing detailed analysis from a technical and macroeconomic perspective.
Unlike Pentosh1 and Crypto Tony, who focus on X, Cowen manages a YouTube page in addition to his X account. On YouTube, the trader has 809,000 subscribers. On X, Cowen, who is the founder and CEO of IntoTheCryptoverse, boasts 852,000 followers.
Two days ago, the analyst shared his opinion on Solana (SOL), noting that the altcoin’s price decline does not mean that the correction is over. However, Cowen also admits that a recovery might not take a long period, but a fall looks likely before that.
Bluntz Capital
With 273,300 followers on X, Bluntz focuses on the top two cryptos: Bitcoin and Ethereum . Recently, in a post on the social media platform, the trader explained that BTC’s price might struggle from now till October.
For ETH, Bluntz revealed that crypto whales might soon start selling Bitcoin for Ethereum, possibly helping the altcoin price breakout.
“The range is about to be reclaimed, and the 3D bull div is on ETHBTC brewing, and whales are selling BTC into ETH for the first time in this cycle,” Blutnz wrote.
Apart from these two, Bluntz, who the market sees as one of the best crypto traders, also analyzes meme coins. On August 25, the trader told his followers that it might be time for cat-themed meme coins to dominate the market again after a relatively quiet period.
CrediBULL Crypto
CrediBULL Crypto, a trader with 415,500 followers on X, mostly shares theses on altcoins. On his page, you will find analysis related to Chainlink (LINK), ETH, and even DeFi coins like Curve (CRV).
However, this trader engages in leverage trading. As such, the risk appetite might not be one for beginners who are likely to be comfortable with holding spot positions. Nevertheless, CrediBULL Crypto remains one of the best traders to follow in September 2024.
In conclusion, while the five traders highlighted in this article have demonstrated their reliability, it’s crucial to make your own trading decisions. Following these traders can help you build confidence and improve your technical and fundamental analysis skills.
However, the crypto market’s unpredictable nature can present challenges. To maximize potential returns, always conduct your own research.