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Home»ALTCOIN NEWS»Trader Reveals Bull Market Targets for Bitcoin, Ethereum, and Solana, Predicts All-Time High for One Memecoin.
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Trader Reveals Bull Market Targets for Bitcoin, Ethereum, and Solana, Predicts All-Time High for One Memecoin.

By Crypto FlexsNovember 12, 20242 Mins Read
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Trader Reveals Bull Market Targets for Bitcoin, Ethereum, and Solana, Predicts All-Time High for One Memecoin.
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An analyst with a history of spot cryptocurrency trading explains his bullish goals for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Bluntz, a pseudonymous analyst, told his 287,800 followers on social media platform

Looking closely at Bitcoin, the analyst believes that BTC is in the midst of a fifth wave surge, pushing BTC towards a massive price target.

“BTC has been accumulating vertically for longer than originally expected, so naturally expansion will also be higher.

We are currently predicting BTC will reach $130,000-$150,000, waiting for further price action and how long the next few legs will extend.

Modifications are possible.”

Source: Bluntz/X

Bluntz practices Elliott Wave Theory, which states that bullish assets tend to have five waves of uptrend. Based on trader charts, he appears to have predicted that Bitcoin would retreat to the $80,000 level in the short term and then rise further.

As of this writing, the value of BTC is $88,554, up more than 10% on the day.

Traders are also closely watching the memecoin Floki (FLOKI). Bluntz said FLOKI appears poised to trigger a new uptrend and head toward all-time high (ATH) levels after breaking out of its accumulation range.

“STILL TURBO FLOKI BULLS, 3 MONTHS OF MAJOR STACKING OUTSIDE TODAY. ATH IS NOT A MEME.”

video
Source: Bluntz/X

As of this writing, FLOKI is worth $0.00018.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

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