A popular crypto analyst, known as Bluntz, has shared his predictions for Bitcoin and two altcoins. Bluntz boasts a large following on X (formerly Twitter).
AI16Z: Ready for Another Run?
Bluntz is bullish on AI16Z, the token of an AI-powered investment platform. After a recent 50% correction, he believes AI16Z is poised for another significant price increase, potentially reaching a new all-time high above $3. He bases this prediction on Elliott Wave theory, suggesting the recent dip was a necessary retracement before a final push upwards. AI16Z is currently trading at $1.66, a staggering 16,190% increase since its November low.
Bitcoin: A Dip Before the Climb?
Bluntz anticipates a further drop in Bitcoin’s price, predicting it will reach a key support level before rebounding to a new all-time high. He suggests that this drop will be significant, potentially reaching the $90,000 mark without a significant bounce along the way. Bitcoin is currently trading around $94,900.
AIXBT: Continuing its Upward Trend
The analyst also sees a bright future for AIXBT, the token of an AI-powered market intelligence platform. He describes AIXBT’s performance since its launch as “monster,” and expects it to continue its upward trajectory, completing a five-wave pattern on the 12-hour chart. AIXBT is currently trading at $0.564.
Disclaimer: This information is for general knowledge and discussion only and does not constitute investment advice. Always conduct your own thorough research before making any investment decisions. Cryptocurrency investments are inherently risky.
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