A generally followed crypto analyst says Bitcoin (BTC) is preparing to go up to $ 120,000, but notes that the Crypto king should make one pit stop before this does.
In a new thread, pseudonymous crypto analyst Inmortal tells His 232,000 followers on the social media platform X that the best crypto activa from Market Cap seems ready to shoot, but not before he plays $ 100,000 again under the price tag of $ 100,000.
According to the trader’s graph, BTC will take a dip and then rise to $ 120,000 somewhere in the last week of May.
Continue to the second largest crypto-active per volume, the trader out That Ethereum (ETH) season is about to start and investors must position themselves accordingly.
He also notes that those who have chosen to buy meme coins over Solana (SOL), the largest rival in Ethereum, still have to notice.
“Bitcoin is high level at all times and the ETH season is about to start.” They “(those who bought Sol Memes and disappeared a week later) still not seen. Place yourself accordingly.”
The graph of the trader seems assign That ETH could rise sharply against BTC in the second half of the year before he falls back, albeit still on a new local high.
“Imagine that ETH [does] this. Nobody expects it, and everyone would chase it. ‘
Bitcoin acts for $ 102,519 at the time of writing, a fractional decrease during the last 24 hours, while Ethereum is appreciated at $ 2,513, a decrease of 2.2% in the last day.
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Generated image: dalle3