A prominent cryptocurrency analyst and trader, known as Bluntz, predicts that a Solana (SOL) ecosystem memecoin, dogwifhat (WIF), could see a massive surge in value.
Dogwifhat (WIF) Price Prediction
Bluntz, with over 239,000 followers on social media, believes that WIF’s downtrending three-wave pattern on the daily chart may be ending. Using Elliott Wave theory, he suggests that WIF could potentially rally by around 272% from its current level in a five-wave pattern. At the time of writing, WIF is trading at $0.222, having gained 4.2% in the past day.
Bitcoin (BTC) Outlook
Bluntz also shared his insights on Bitcoin (BTC), stating that the leading cryptocurrency is likely to continue trading sideways before potentially breaking out to the upside. He expects Bitcoin to move within a range, sweeping both sides before making a decisive move.
According to Bluntz’s chart analysis, Bitcoin could initially rise above $44,000 before dipping below $41,500. Following this, he suggests that Bitcoin will then appreciate to above $45,000. At the time of writing, Bitcoin is trading at $44,719.
Disclaimer
The opinions expressed by Bluntz and FastPayCrypto are not intended as investment advice. Investors should conduct their own research before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets.
