The crypto strategist who nailed the Bitcoin Tower in January warns that BTC’s recovery rally can see a sudden end.
Bluntz, a clear analyst, says 318,200 followers in social media platform X appear to have a weak difference in the daily chart.
The weak reversal signal suggests that the volume of strength is weakened even if the price of the assets is higher or moving sideways.
Bluntz says.
“If you close in red by (today), there is a BTC Bear Div Brewing every day.
Unfortunately it appeared before the highest high, but it is the first since last year.
Be careful for a long time. ”
At the time of writing, Bitcoin is trading for $ 105,546.
It is believed that the analyst returns to gold and is ready to ignite the rally with a new highest record after completing the ABC correction.
Bluntz practices Elliott Wave theory, which says that strong assets will continue to rise after ABC.
Traders share a chart that suggests that gold will achieve a new record of $ 3,600.
“Gold gathering steam for the next leg.”
At the time of writing, gold is worth $ 3,221.
For Memecoin Floki (FloKi), Bluntz predicts that Altcoin will drop to about $ 0.00008 before the explosion of $ 0.00018.
“FLOKI seems to be one of the few memes that have a 5 -wave 5 wave increase at the lowest point every day.
If you are given, you are very interested in bidding the fullback around 50 FIB.
I always have a soft place for this. ”
At the time of writing, Floki is worth $ 0.000098.
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Created image: Midjourney