By correctly predicting the 2018 bear market price floor of Bitcoin’s price, Bluntz is a player that could generate huge returns in the current cycle. meme coin for your opinions quoted.
$WIF will be my kingmaker trade for this cycle imo.
NEWS CONTINUES BELOWnever thought my highest conviction bet would be a memecoin but here we are. https://t.co/7RE9Trfron
— Bluntz (@Bluntz_Capital) February 27, 2024
NEWS CONTINUES BELOW
Bluntz introduced the Solana (SOL)-based meme coin to his 240,900 followers on social media platform X. dogwifhatHe noted that (WIF) is one of the best picks this cycle. According to Trader, WIF already looks strong this year and has the fundamentals to strengthen further.
According to Trader’s chart, Dogwifhat’s price has the potential to rise up to $3. At the time of writing, WIF is trading at $0.611 and carries a gain potential of over 700% if the meme coin Bluntz reaches its target.
The analyst is also positive about the price of decentralized storage network Filecoin (FIL). The analyst shares a chart showing that FIL is ready to resume its uptrend after completing the ABC corrective wave.
I think FIL is gearing up for the next rise, a nice ABC has been completed on the four-hour chart.
Bluntz applies Elliott Wave theory, which attempts to predict future price movements by following crowd psychology, which tends to manifest in waves. According to theory, a bullish asset tends to witness an upside breakout after completing the ABC retracement formation. FIL, on the other hand, was trading at $7.68 at the time of writing.
