The cryptocurrency analyst and trader known as Bluntz is expressing a bearish sentiment towards crypto assets, suggesting that the market may be nearing its top. Using the Elliott Wave theory, Bluntz believes that Bitcoin has almost completed its last wave of a five-wave rally, which could lead to a correction in the price of the flagship digital asset. While it is possible for the price to continue higher, the analyst advises investors to consider taking some profits and not succumb to fear of missing out. At the time of writing, Bitcoin is trading at $105,310.
Content Editor ( dailyhodl.com )
- 2025-01-23
Is Crypto Top In? Trader Says People Severely Underestimating How Close the Market Peak Is – Here’s His Outlook
