CandleFocus ‘It’s Happening’: Top Analyst Predicts Incoming Parabolic Rally for Bitcoin – Here’s His Target
2024-10-30
Author: Content Editor
According to an analyst named Bluntz, who has a track record of accurate Bitcoin predictions, he believes that BTC is currently in the early stages of a parabolic rally that could drive the price well above $100,000. Bluntz follows the Elliott Wave theory, which suggests that BTC is in the midst of a major wave three rally with a target price of $106,000 before a pullback to wave four and a subsequent surge to $122,000. Additionally, Bluntz predicts a similar five-wave rally for Dogecoin (DOGE) with a target price of around $0.40. The analyst also suggests that the altcoin dogwifhat (WIF) is ready to start a new run after observing a bullish divergence signal on the four-hour chart.
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