A crypto expert who accurately predicted Bitcoin’s 2018 price bottom is now eyeing a memecoin and an AI-related asset for potential gains.
Memecoin to Soar
Analyst Bluntz believes the Solana-based memecoin dogwifhat (WIF) could generate massive returns. He compares it to another crypto asset that has already seen a 5x increase this year.
“WIF will be my kingmaker trade for this cycle… Never thought my highest conviction bet would be a memecoin,” Bluntz said.
His chart suggests WIF could reach $3, a potential increase of over 700%.
AI Asset Poised for Growth
Bluntz is also bullish on Filecoin (FIL), the native asset of a decentralized storage network. He believes FIL is set to continue its upward trend after completing a corrective wave pattern.
“FIL gearing up for the next leg up here now in my opinion,” Bluntz said.
FIL is currently trading at $7.68.
Technical Analysis Insights
Bluntz uses Elliott Wave theory, a technical analysis approach that predicts price action based on crowd psychology. According to the theory, an asset tends to surge after completing a corrective pattern.
