Cryptocurrency analyst Bluntz, known for his accurate predictions, is sharing his bullish targets for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) in the current market scenario.
Starting with Bitcoin, Bluntz anticipates that the leading cryptocurrency will reach a peak of $150,000 during this bull market cycle. He points out that BTC is currently experiencing a significant wave-five surge, which is driving its price towards his ambitious target. Despite a longer-than-expected accumulation phase, Bluntz remains confident in his forecast, stating that BTC could potentially reach anywhere between $130,000 to $150,000, depending on future price action and market dynamics.
Utilizing the Elliott Wave theory, which suggests that assets follow a five-wave pattern during uptrends, Bluntz predicts that Bitcoin may see a temporary pullback to around $80,000 before continuing its upward trajectory. As of the latest update, Bitcoin is trading at $88,554, showcasing a double-digit percentage gain for the day.
In addition to Bitcoin, Bluntz is closely monitoring the meme coin Floki (FLOKI), noting that it appears primed for a new uptrend following a breakout from an accumulation range. The analyst expresses bullish sentiment towards FLOKI, highlighting a three-month accumulation breakout that could potentially propel the token to new all-time highs. At the time of writing, FLOKI is valued at $0.00018.
For readers interested in staying informed about the latest cryptocurrency trends and price movements, Bluntz recommends subscribing to email alerts and following social media channels like X, Facebook, and Telegram. By staying updated on market developments, investors can make informed decisions and capitalize on potential opportunities in the fast-paced crypto space.
As the cryptocurrency market continues to evolve, analysts like Bluntz play a crucial role in providing insights and predictions that help traders navigate the volatile landscape. With Bitcoin, Ethereum, and Solana setting ambitious price targets, investors are eager to see how these digital assets will perform in the coming weeks and months. Stay tuned for more updates on the cryptocurrency market as it unfolds.
[Original Article Source: TheDailyHodl]
