A highly-regarded crypto analyst is sharing his bullish price targets for a range of digital assets, including Bitcoin (BTC) and four other cryptocurrencies. Inmortal, a pseudonymous analyst with a following of over 201,000 on the social media platform X, has made bold predictions about the future prices of these cryptocurrencies, based on his analysis of market trends and factors at play within the digital asset space.
First and foremost, Inmortal predicts that Bitcoin could potentially surge by more than 255% in the next bull market. This would potentially see Bitcoin’s price reach $131,000, a substantial increase from its current value. This prediction is based on a combination of technical analysis, market sentiment, and overall strong fundamentals within the cryptocurrency space.
Moving on to Ethereum (ETH), Inmortal foresees an even more significant surge, with a predicted increase of more than 393% from its current value. This would place Ethereum’s price at $9,800 in the next bull run, indicating a major bullish trend for the second-largest cryptocurrency by market capitalization.
In addition to Bitcoin and Ethereum, Inmortal predicts significant price increases for other digital assets as well. Solana (SOL), a competitor to Ethereum, is expected to soar by more than 813% from its current value, reaching $490. Furthermore, Chainlink (LINK), a decentralized oracle provider, is anticipated to experience a substantial surge of over 1,190% from its current value, reaching $180. Finally, 0x0.ai (0x0), an AI-powered smart contract auditor, is projected to soar by more than 3,378% from its current value, indicating a potentially significant increase in value.
In addition to these price predictions, Inmortal also provides insights into the short-term movements of these assets. For instance, he predicts that Ethereum will soon surpass recent high prices and cross the $2,100 level within days, indicating a bullish short-term trend for the cryptocurrency. Moreover, Inmortal anticipates that 0x0’s strong performance against Wrapped Ethereum (0x0/WETH) will continue, with a projected value of 0.00110 WETH in early 2024, up from its current value of 0.0000557 WETH.
As for the current market conditions, Bitcoin is currently trading at $36,851, down 1.8% in the last 24 hours. Similarly, Ethereum is trading at $1,985, down 2.2% in the last 24 hours. Solana’s current trading value stands at $53.66, down 5.8% in the last 24 hours, while Chainlink is trading at $13.95, down 4.5% in the last 24 hours. Finally, 0x0 is currently trading at $0.115, down 13.6% in the last 24 hours.
It is important to note that these predictions are based on the analyst’s personal analysis and market insights, and should be considered as speculative information. As with any financial decision, investors should conduct thorough due diligence and consider their own risk tolerance before making any investment decisions in the cryptocurrency space.
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As always, it is essential for investors to conduct their own research and consider their risk tolerance before making any investment decisions in the highly volatile cryptocurrency market. It is also important to note that the opinions expressed are not investment advice, and any financial decisions made are at the sole discretion and risk of the individual investor.