Crypto Visionary Unveils Bullish Forecasts for Bitcoin, Chainlink, and Solana
In a captivating analysis, a renowned crypto trader has shed light on the imminent potential of three digital assets – Bitcoin (BTC), Chainlink (LINK), and Solana (SOL) – to embark on remarkable rallies.
The pseudonymous analyst, known as Inmortal, boasts a substantial following of 213,200 on the social media platform X. Drawing upon the historical patterns of market cycles, Inmortal has painted a bullish picture for the future of these cryptocurrencies.
Bitcoin, the flagship digital currency, is currently trading at $61,486, down 2.4% in the last 24 hours. However, Inmortal believes that the asset still has significant room for growth, stating, “We still have room for 500 more green days.”
Turning his attention to Chainlink, the blockchain oracle project, Inmortal suggests that the asset is currently in a consolidation phase, which could pave the way for a massive breakout. He notes, “The most curious thing about LINK is how it works. Long consolidations. Fast pumps. We are not in the second one so we must be in the first one.” LINK is currently trading at $13.83, down nearly 3% in the last 24 hours.
Lastly, Inmortal has set his sights on Solana, the Ethereum competitor. He predicts that the asset will dip below the ascending trendline on the daily chart, reaching the $120 range, forming a bearish trap before embarking on a substantial bull run beyond $230. As Inmortal puts it, “The fastest horse of the cycle just need one more trap.” Solana is currently trading at $141.51, down 6% in the last 24 hours.
Inmortal’s insights have captured the attention of the crypto community, as they eagerly await the potential unfolding of these bullish scenarios. Investors are advised to conduct their own due diligence before making any high-risk investments in the volatile cryptocurrency market.
