Trader Predicts Bitcoin (BTC), Chainlink (LINK), and a Competing Ethereum Token Poised for Rally
Crypto Analyst Predicts Massive Rallies for Bitcoin, Chainlink, and Solana
In the ever-evolving world of cryptocurrency, a renowned analyst has set his sights on three digital assets that he believes are poised for significant gains. The pseudonymous trader, known as Inmortal, has a following of over 213,200 on the social media platform X, and his latest insights have captivated the crypto community.
According to Inmortal, Bitcoin (BTC) is still far from reaching its peak, with the potential for an additional 500 days of green price action. The analyst cites the historical duration of market cycles as the basis for his bullish outlook on the leading cryptocurrency.
Turning his attention to the blockchain oracle Chainlink (LINK), Inmortal suggests that the asset is currently in a consolidation phase, which could lead to a massive breakout based on its past price patterns. He notes that LINK is known for its “long consolidations” followed by “fast pumps,” indicating that the second phase of this cycle may be imminent.
Lastly, the trader sets his sights on Ethereum (ETH) competitor Solana (SOL), predicting a temporary dip below the ascending trendline on the daily chart, potentially reaching the $120 range. Inmortal believes this bearish trap will precede a substantial bull run that could push SOL beyond the $230 mark, solidifying Solana’s position as the “fastest horse of the cycle.”
As the crypto market continues to evolve, the insights provided by seasoned analysts like Inmortal offer valuable guidance to investors navigating the dynamic landscape. While the predictions should be approached with the appropriate level of caution and due diligence, the trader’s track record and the historical patterns he cites provide a compelling case for the potential of these three digital assets.
Ultimately, the crypto space remains a complex and rapidly changing environment, and investors are encouraged to conduct their own research and make informed decisions based on their individual risk tolerance and investment goals.