Popular Analyst Predicts Big Rallies for Bitcoin and One Ethereum Competitor Heres His Timeline

A popular cryptocurrency strategist and trader believes Bitcoin (BTC) and Ethereum (ETH) rivals are gearing up for a huge rally.

Immortal, a pseudonymous analyst, has told his 190,400 Twitter followers that he sees Bitcoin rising close to $30,000 in the coming months before a final capitulation event that sees BTC hit $12,500 later this year. says.

Two relevant levels: 2018 and 2021 are open for the year. > Bear market rises in mid-2023 > Below 20,000 in late Q4.

Bitcoin is trading at $16,938 at the time of writing. Inmortal’s move towards its goal suggests that BTC could rise by around 77%.

Looking to Ethereum challenger Solana (SOL), Inmortal expects the smart contract protocol to climb nearly 50% in the coming months. According to crypto strategists, traders who continue to short Solana produce It is the driving force for SOL to rise towards its target price.

The sub-$10 buyers are doing pretty well, bottom-of-the-generation or not.

+60% from low.

I think we’ll see $20 SOL in this first quarter. “

As of this writing, SOL is trading at $13.35, a slight increase for the day.

As for Ethereum itself, crypto analysts are predicting a surge in the top smart contract protocol before pulling back on diagonal support.

“Well, what if I run out of $1,400? I’ll buy it.

Ethereum.

As of this writing, Ethereum has traded hands at $1,263.

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