The Bitcoin price was predicted by a widely-followed analyst who is a trader and an expert in the field.BTCOne crypto asset could rise by triple-digit percent points in 2018.
Bluntz is a pseudonym for the trader. tells His 321 100 followers on the social networking platform X That DogwifhatWIFA memecoin created in SolanaSOLThe ecosystem could increase by 472%, reclaiming and exceeding the record high set in March 2024.
“Still a lot of work to put in and need to see price action confirm, but I think there’s a very real chance a new impulse back to all-time high on WIF has commenced.”
The analyst, who uses the Elliott Waves theory regularly in his analysis of technical data, believes that WIF entered a bullish upward trend in early this month using a five wave pattern. According to the Elliott Wave Theory, the primary trend in the price movement of an asset follows a five wave pattern. A correction is a three wave pattern. According to Bluntz’s chart for the 3-day timeframe, WIF reached its bottom earlier this year.
In the short-term, the analyst is a pseudonym. says WIF may experience a correction prior to a rally. According to the chart that is widely used by analysts for the hourly timeframe, WIF may pullback around 10%.
“Very obvious five-wave rise from the lows on hourly for WIF, would expect a bit of a pullback here before the next major leg up.”
WIF currently trades at $0.845 per share at the time of this writing.
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Source: dailyhodl.com
