An analyst with a history of rapid crypto calls believes that bitcoin (BTC) will soon break out and trade with unkind territory.
Pseudonyma analyst Pentoshi tells his 869 100 followers on the social media platform X as he Thinking about Bitcoin will grow at a price for all the time (ATH) in the next few days.
“Feel it in my flips that we see BTC on ATH this week
The market, especially ETH and BTC, both have many back winds so far (excludes something unexpected) …
If we break out, I think we see $ 118,000- $ 120,000 fairly quickly. “
At the time of writing, Bitcoin is traded for $ 108,047, an over 1% decrease over the past day.
Pentoshi also keeps an eye on Memecoin Floki (Flock), as he believes is positioned to follow in the footsteps of colleague Meme Token Bonk (Bonk).
Bonk is up about 100% from its June 25 -low of $ 0.0000123.
According to Pentoshi, Floki’s chart seems to be a coal copy of Bonk’s price action before Memecoin triggered A massive price explosion.
“Similar charts like this (almost identical).
I think we will see it shopping up to TP1 to start, and it will be the place to look at. If it enters the previous range, it opens the door to TP2. ”
When he looks at the nutritional diagram, he seems to suggest that Floki will first hit $ 0.000121 with the potential to grow to as high as $ 0.000206. At the time of writing, Floki is traded at $ 0.000081.
In the case of Bonk, the analyst Thinking about That Altcoin will cool off before sticking up the next leg up.
“Bonk update: +50% but comes into resist just above.
Would like to see a three-day or a week close over ($ 0.000024). “
Based on the nutritional diagram, he seems to suggest that Bonk will collect $ 0.0000367 if it takes out resistance of $ 0.0000258.
At the time of writing, Bonk is worth $ 0.0000227.
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