Crypto trader Bluntz, known for nailing market calls, says Bitcoin might see a sharp pullback before the next big rally. On X, he shared a chart showing
$BTC forming an āending diagonalāāa pattern in Elliott Wave theory that hints at a correction before a final push up.
Bluntz expects
$BTC could slide toward $110K before bouncing to around $135K for a new record. Right now, Bitcoin is trading near $120K.
Itās not just BTC on his radarāBluntz also sees Fartcoin (built on Solana) ready for a 140% pump after hitting a key support level.
Macro factors add to the uncertainty: rate cut hopes from the Fed are fueling risk assets, but any surprise could trigger profit-taking. That dip, he says, might be the perfect entry for the next leg up.
š¬ Do you think BTC will dip first or go straight to the moon? Drop your thoughts below! š
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