Trader Who Accurately Predicted 2018 Bitcoin Bottom Says One Solana-Based Altcoin Has ‘Very Real Chance’ of Exploding 450%+
A widely followed analyst and trader who accurately predicted the Bitcoin (BTC) bottom in 2018 is highlighting one crypto asset that could go up by triple-digit percentage points. The trader pseudonymously known as Bluntz tells his 321,100 followers on the social media platform X that dogwifhat (WIF), a memecoin built in the Solana (SOL) ecosystem, could go up by about 472% to reclaim and surpass the all-time high recorded in March of 2024. “Still a lot of work to put in and need to see price action confirm, but I think there’s a very real chance a new impulse back to all-time high on WIF has commenced.” According to the analyst who regularly applies the Elliott Wave theory in his technical Analysis , WIF started a bullish uptrend earlier this month in a five-wave pattern. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern. Based on Bluntz’s ch...