Hot News 💥💥💥💥: Expert declares shock about future bitcoin price. Watch until the end to see where B T C is going next.
Trader known for predicting a bottom in the crypto space says Bitcoin (B T C) is poised to head towards the $100,000 mark and beyond.
Bluntz told his 265,800 followers on media platform X that Bitcoin is in the midst of a five-wave surge on its way to a new A T H.
The analyst uses the Elliott Wave theory, which states that the asset tends to see a bull run consisting of 5 waves where waves 1, 3 and 5 are bullish moves and waves 2 and 4 are the adjustment stages.
Looking at the chart, he seems to suggest that B T C will correct towards $60,000 for the second wave before surging towards $110,000 to end its five-wave uptrend.