Bitcoin’s ‘Max Pain’ Scenario
According to analyst Bluntz, Bitcoin may be experiencing a “Max Pain” scenario, where it spikes to $76,000 before dropping to $64,000. This would lure investors back in with fear of missing out, only to see it fall again before a true rally.
Gold’s Parabolic Rise
Bluntz believes gold is poised for a significant rally, potentially reaching $3,600. He notes that gold has underperformed inflation for a decade, but is now ready to surge.
Solana’s Recovery
Bluntz also sees a bullish trend in the Solana versus Bitcoin pair (SOL/BTC). He suggests that SOL/BTC has bottomed out at around $170 and is likely to rise.
