One of the most widely respected analysts and traders who correctly predicted Bitcoin’s bottom (BTC() says that the cryptocurrency king will go up after recent corrections.
Bluntz is a pseudonym for the trader/analyst who goes by that name. tells His 326,100 Twitter followers on the social networking platform X said that Bitcoin’s price correction is over after it fell below $116,000 level.
“Send it.”
According to the trader, Bitcoin ABC has been completed and BTC will now be aiming for new record highs.
Bluntz uses the Elliott Wave Theory, according to which a bullish investment tends towards a new upward trend after it has completed an ABC correction.
Bitcoin currently trades at $117.262.
Bonk is up next.BONK) memecoin. BONK, according to the analyst who is widely read and followed by many people today, has a lot of potential. “holding up remarkably well” Bitcoin is currently experiencing a correction.
Bluntz suggests BONK is currently in a downward ABC wave pattern. poised The price range is $0.000044.
“Not only does BONK look like a nice clear ABC has already been put in, but it held strong and defended the lows while BTC dumped…
“I suspect that a BONK rage-pumping is on the horizon.”
BONK was trading for $0.000035 as of the time this article is written.
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Source: dailyhodl.com
