A popular crypto analyst, Bluntz, believes that a Bitcoin token called PUPS has the potential to rise even higher after a recent surge.
PUPS Token Skyrockets
PUPS, an Ordinals token, has seen a meteoric rise in the past month, climbing over 4,600% from its March low. Bluntz noted that PUPS is following a similar pattern to another token, Nosana, which also saw a significant breakout earlier this year.
Bitcoin Mirrors Gold
Bluntz also drew parallels between Bitcoin and gold, suggesting that Bitcoin could follow a similar path to gold’s historical consolidation and breakout. He believes that Bitcoin may experience an accelerated timeline, potentially reaching record highs.
Gold Price Prediction
Bluntz predicts that gold could rise to $4,000 due to inflation concerns. He notes that gold has traded within a range for several years before breaking out to reach all-time highs.
Disclaimer
The opinions expressed in this article are not investment advice. Investors should conduct their own research before making any high-risk investments.
