A popular crypto analyst, Inmortal, predicts a Bitcoin (BTC) price surge to $120,000. However, they believe BTC will dip below $100,000 first.
Bitcoin’s Dip Before the Rise
According to Inmortal’s chart, this dip and subsequent rise to $120,000 should happen around the last week of May. This prediction is shared with their over 232,000 followers on X (formerly Twitter).
Ethereum’s Moment in the Spotlight
Inmortal also forecasts a significant rise for Ethereum (ETH), suggesting it’s about to have its “season.” They highlight that those who invested in meme coins instead of Solana (SOL) might have missed out on potential gains. Inmortal’s chart suggests ETH could significantly outperform BTC in the latter half of the year before a correction, still leaving it at a new high.
Current Market Conditions
At the time of writing, Bitcoin is trading around $102,519, slightly down in the last 24 hours. Ethereum is at $2,513, showing a 2.2% decrease over the same period.
Disclaimer: This information is for general knowledge only and does not constitute financial advice. Investing in cryptocurrencies is risky, and you could lose money. Always do your own research before making any investment decisions.
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