Bitcoin Could Soon Break Records, Says Analyst

A popular crypto analyst believes Bitcoin is about to skyrocket and hit a new all-time high. This analyst, known as Inmortal, predicts that Bitcoin could surpass its previous record of around $74,000 within the next four months.

Bitcoin’s Potential Climb

Inmortal expects Bitcoin to avoid dipping back down to the $49,000 range before reaching a new high. He believes the current price consolidation might be nearing its end.

The analyst also forecasts a specific timeline for Bitcoin’s climb:

  • September: Bitcoin could trade around $58,000 before reclaiming the $62,000 level as support.
  • End of Year:
    Bitcoin could hit a new all-time high.

Inmortal sees this as the start of a major bull run for Bitcoin, with the potential for explosive growth.

Ethereum’s Potential Rise

Inmortal also believes Ethereum (ETH) could experience a surge in price. He suggests waiting for Ethereum to dip to $2,500 before buying, as he believes it could then climb to $3,200, a significant increase from its current price.

Disclaimer:
This information is not financial advice. Always do your own research before making any investment decisions. /p>