Crypto analyst Inmortal predicts a second wave of the bull market, with Bitcoin (BTC) mirroring a 2020 pattern before a significant surge.
Bitcoin’s Bullish Outlook
Despite a bearish market appearance, Inmortal believes Bitcoin remains within a trading range and is poised for a breakout. He advises holding positions as the market prepares for a surge.
Floki’s Role in the Bull Market
Inmortal reiterates his prediction that Floki (FLOKI), a memecoin, will outperform the broader crypto market. The addition of Floki to VanEck’s Meme Coin Index is seen as a sign of institutional interest in the coin.
Current Market Status
At the time of writing, Bitcoin trades at $61,765, down 1.5% in the last 24 hours. Floki is trading at $0.0001965, up over 6% in the last 24 hours.
