A well-known cryptocurrency trader and analyst, who goes by the pseudonym Bluntztellshis, has expressed a bullish outlook on Pepe (PEPE), a competitor to Dogecoin (DOGE) and Shiba Inu (SHIB). At the same time, Bluntztellshis has offered a forecast for Bitcoin (BTC) and the decentralized finance (DeFi) altcoin Jupiter (JUP).

Bluntztellshis, who has a following of 300,000 on the social media platform X, believes that Pepe is on the verge of a breakout after experiencing a correction of approximately 30% from its all-time high earlier this month. According to Bluntztellshis’ chart, it seems that PEPE could increase by around 60% from its current level to reach a new all-time high. Currently, PEPE is trading at $0.00002.

Moving on to Bitcoin, Bluntztellshis states that the cryptocurrency is now showing a bullish trend after recovering from most of the downward movement that occurred earlier this week. BTC had pulled back by nearly 10% from its all-time high of just under $100,000. Bluntztellshis believes that many altcoins will experience significant price increases this week as Bitcoin recovers.

Next, Bluntztellshis focuses on Jupiter, a decentralized exchange aggregator built on the Solana (SOL) ecosystem. The analyst predicts that JUP could increase by at least 72% from its current level. Bluntztellshis believes that JUP has been accumulating for six months and is yet to enter the real markup phase. He is confident that JUP will reach fresh all-time highs before this market cycle is over. Currently, JUP is trading at $1.17, which is approximately 42% below its all-time high of $2.00 reached in January.

Please note that the opinions expressed by Bluntztellshis are not investment advice, and investors should conduct their own research before making any high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Transfers and trades are conducted at one’s own risk, and any losses incurred are the responsibility of the individual. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, nor does it provide investment advice.