Top Trader Unveils Massive Price Target for Memecoin dogwifhat (WIF), Updates Bitcoin (BTC) Forecast

A high analyst recognized for making well-timed crypto calls is unveiling an enormous worth goal for the Solana (SOL)-based memecoin dogwifhat (WIF).

Pseudonymous analyst Bluntz tells his 264,200 followers on the social media platform X that WIF seems to be within the early levels of a contemporary five-wave rally.

Bluntz practices the Elliott Wave principle, which states {that a} bullish asset tends to undergo a five-wave upside transfer. The dealer shares a chart suggesting that WIF may skyrocket to as excessive as $11 by November of this 12 months earlier than concluding its five-wave surge.

“Don’t be afraid to dream a little bit greater.


Supply: Bluntz/X

At time of writing, WIF is buying and selling for $2.26, indicating an upside potential of over 386% if the memecoin hits the analyst’s goal.

The dealer can also be protecting a detailed watch on Bitcoin (BTC). Bluntz says he continues to be bullish on the crypto king after its most up-to-date quarterly candle flipped resistance at round $60,000 into help.

“Imagine thinking this BTC quarterly chart looks bearish, couldn’t be me.” 

Supply: Bluntz/X

Bitcoin’s weekly timeframe, Bluntz shares a chart suggesting that BTC is consolidating inside a triangle sample. In line with the chart, BTC seems to be poised for a rally above $68,000 (D wave) earlier than a final leg all the way down to $62,000 (E wave).

“Cracking BTC weekly shaping up now.”

Supply: Bluntz/X

The chart additionally seems to counsel that BTC will escape and rally above $80,000 after the E-wave correction.

At time of writing, Bitcoin is buying and selling for $62,842.

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