Bluntz, a prominent figure recognized for his insightful predictions within the cryptocurrency sector, recently shared his forecasts regarding Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) via the social media platform X. His analyses are grounded in technical evaluations that aim to project potential price shifts for these well-known cryptocurrencies.
What are Bluntz’s Bitcoin Expectations?
According to Bluntz, Bitcoin is currently undergoing a notable fifth wave rally as per the Elliott Wave Theory. He anticipates that BTC’s price could soar to $150,000. He elaborated, stating that the prolonged horizontal consolidation of BTC suggests that the impending price increase might exceed previous expectations.
Can Ethereum and Solana Reach Their Targets?
For Ethereum, Bluntz has established a target of $8,000, while he predicts Solana could rise to $500. These targets are viewed within the context of a generally positive market atmosphere. Furthermore, he expressed optimism about the memecoin Floki (FLOKI), indicating it may commence a new upward trend and potentially achieve its all-time high.
Bluntz recently noted that Bitcoin’s current price is $88,554, reflecting a more than 10% increase over the last 24 hours. He added that Floki is presently valued at $0.00018.
The following points summarize Bluntz’s key predictions:
- Bitcoin could reach between $130,000 and $150,000.
- Ethereum’s target is set at $8,000.
- Solana may climb to $500.
- Floki shows potential for a new upward trend.
While Bluntz’s insights provide valuable direction for market participants, he stresses the necessity of conducting personal research and evaluating risks effectively when engaging in the cryptocurrency landscape.