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Trader Reveals Bull Market Targets for Bitcoin, Ethereum and Solana, Predicts Record High for One Memecoin

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Credit : dailyhodl.com

An analyst with a historical past of spot-on crypto calls outlines his bull market targets for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Pseudonymous analyst Bluntz tells his 287,800 followers on social media platform hit a bull market high at $150,000, Ethereum at $8,000 and Solana at $500.

Taking a better have a look at Bitcoin, the analyst believes that BTC is within the midst of a serious wave-five, which is pushing BTC in the direction of its large value goal.

“BTC ended up persevering with to build up vertically for longer than initially anticipated, so clearly the growth needs to be greater as nicely.

BTC is predicted to finish at $130,000-$150,000 at this level, pending additional value motion and the way a lot the following few legs will final.

Open for revision.”

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Supply: Bluntz/X

Bluntz applies the Elliott Wave principle, which states {that a} bullish asset tends to witness an upward motion of 5 waves. Primarily based on the dealer’s chart, he appears to foretell that Bitcoin will pull again to the $80,000 degree within the quick time period earlier than heading greater.

On the time of writing, BTC is value $88,554, up greater than 10% on the day itself.

The dealer can be protecting an in depth eye on the memecoin Floki (FLOKI). Bluntz says FLOKI seems poised to ignite a brand new uptrend and head to all-time excessive (ATH) ranges after breaking out of an accumulation vary.

“Nonetheless a turbo FLOKI bull, there is a large three-month accumulation pause occurring at present, ATH shouldn’t be a meme.”

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Supply: Bluntz/X

On the time of writing, FLOKI is value $0.00018.

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