Analyst carefully followed in the crypto money market BluntzSolana (left) and bitcoin (BTC) $102,381.3 made important predictions about. In his latest analysis of his followers, he said that he could run to a new record level after the “ABC correction ğı in his four -hour graphics of Sol Coin. Bluntz said that a similar scenario may be valid for Bitcoin and that the largest crypto currency could rise up to $ 96 thousand as a bottom of $ 96 thousand. The analyst’s views are based on Elliott Wave Theory.
The target in Solana is $ 320
Bluntz, Solanastressed that the decline of the last weeks in accordance with the “ABC Correction” model. According to this model, the wave is completed with a triangular formation and the rise is expected to start again. Analyst said that these signals are clearly seen in the four -hour graph. Left coinHe claimed that he could move towards the target of $ 320.
Elliott Wave TheoryBased on this approach, this approach argues that the rise trends often consist of five waves. According to Bluntz, with the end of the ABC correction, Solana is likely to go into a new five wavy rise. Analyst pointed out that the current price levels ($ 226) may be the beginning of this process.
Bitcoin’s next stop can be 130 thousand dollars
Bluntz, Bitcoin He also stated that a similar scenario may be valid. The BTC said that he could complete the ABC correction by creating a 96 thousand dollars of a footpoint and said that after this process, a new wave of ascension could begin. In this case, he predicts that Bitcoin can reach up to $ 130,000.
Analyst said that the last rise can be completed with the “ending diagonal formation”. This formation is usually seen in the final stage of hard rise trends. Bluntz, BTCHe added that the current level of $ 101 thousand 76 dollars is a critical stage of this process and that investors should be careful for now.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
