A popular crypto analyst, known as Bluntz, is predicting big price increases for both Solana (SOL) and Bitcoin (BTC). Bluntz, who boasts a large following on X (formerly Twitter), uses the Elliott Wave theory to analyze market trends.
Solana’s Potential Breakout
Bluntz believes Solana has finished a correction phase and is poised for a new all-time high. His analysis suggests SOL could reach $320, a significant jump from its current price. He bases this prediction on the completion of an “ABC correction” pattern, indicating a potential five-wave upward surge is on the horizon.
Bitcoin’s Final Push?
Bluntz also sees potential for a significant Bitcoin price increase. He suggests Bitcoin might bottom out around $96,000 before another rally. He thinks this could be the final leg up in the current bull market, potentially reaching $130,000 before the cycle ends. He points to a potential “ending diagonal” pattern, often seen in the final stages of bull markets.
Important Note: This information is based on the analysis of a single analyst and should not be considered financial advice. Always do your own research before making any investment decisions.
