Inmortal, whose name is frequently heard in the cryptocurrency world and is considered a reliable source in the eyes of many investors, believes that Bitcoin has bright days ahead. He states that as a result of his close monitoring and detailed analysis, he has detected strong signs that BTC is preparing for big rises.
By studying market cycles and based on historical data, Inmortal finds that Bitcoin has yet to realize its full potential. argues. To support this view, he focuses on the number of green days Bitcoin has observed in previous rallies and says, “We still have room for another 500 green days.” says.
In addition, the analyst also makes a promising prediction for the popular altcoin Chainlink (LINK). According to the analyst, LINK appears to be in a consolidation phase that could lead to a major breakout based on historical price patterns:
“The most curious thing about LINK is how it works.
- Long consolidations.
- Rapid rises.
“We are not in the second, we should be in the first.”
NEWS CONTINUES BELOW
Finally, the analyst predicts that altcoin Solana (SOL), which is referred to as an Ethereum (ETH) rival, will fall below the ascending trend line on the daily chart to the $120 range, creating a bear trap before embarking on a major bull run above $230.
“The fastest horse of the cycle needs one more trap.”
At the time of writing, Solana is trading at $155, up 7% in the last 24 hours. The leading cryptocurrency Bitcoin is at $63,213.
These statements of Inmortal, which has a wide following among investors, created excitement in the cryptocurrency market. The idea that Bitcoin may still not have fully realized its potential and his predictions for altcoins are encouraging for many investors.
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