The bull market target for Bitcoin is being outlined by an analyst whose track record includes making spot-on calls in the crypto space.BTCEthereumETHSolana,SOL).
Pseudonymous Bluntz, a social media analyst with 287.800 followers tells them that Bitcoin will increase in value. hit The bull market reaches a peak of $150,000. Ethereum reaches $8,000, and Solana reaches $500.
Analysts believe that Bitcoin is currently in a wave five, a surge of major proportions, which will push BTC to his price goal.
BTC has been accumulating vertically longer than expected, and so it is only natural that the expansion will also be higher.
BTC will end at between $130,000 and $150,00 at this time, depending on the future price movement.
“Open to revision”
Bluntz uses the Elliott Waves theory. This states that an asset is bullish if it experiences a 5-wave upward move. According to his chart, the trader seems to be predicting that Bitcoin, in the near term, will move up to $80,000 before pulling back.
BTC’s value is $88,554 at this time, an increase of over 10% from the previous day.
The trader also keeps a watchful eye on the memecoin Floki.FLOKI). Bluntz said FLOKI appears ready to ignite a fresh uptrend, and to reach new all-time (ATH) highs after breaking from accumulating ranges.
“Still a turbo FLOKI bull, major three-month accumulation break underway today, ATH is not a meme.”
FLOKI was worth $0.00018 as of the date this post is written.
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Source: dailyhodl.com
