Bitcoin: A ‘Generational’ Opportunity for Long-Term Investors

Bull Market Target

A popular crypto analyst, Inmortal, believes Bitcoin (BTC) is presenting a rare opportunity for long-term holders. He predicts a rally to a new all-time high in the coming weeks.

Inmortal sees the current consolidation as a chance for investors to accumulate BTC at a favorable risk-to-reward ratio. He believes Bitcoin will surge past $76,000 if it holds above $60,000.

Not Early, but Still a Trend

Inmortal cautions that investors are not “early” to the market, but suggests there is still a trend to ride. He expects Bitcoin to reach between $120,000 and $140,000 before the bull market peaks.

Tokenized Real-World Assets

In addition to Bitcoin, Inmortal is bullish on crypto projects that tokenize real-world assets (RWA). He predicts a significant upside for these projects in the second half of 2024.