Categories: Bitcoin

A prominent analyst predicts a big bull run for Bitcoin (BTC) and the smart contract platform Solana (SOL).

Known in the industry by the nickname Smart Contracter, the person told his 173,500 Twitter followers that Bitcoin will soar to a new all-time high without a deep correction.

“There is no significant retracement for BTC. It is heading straight for a new all-time high. The market rarely gives you a second chance to hit the bottom. “

The source: Smart Contracter / Twitter

The smart contracter points out that Bitcoin is in wave 3 of a 5-wave upward pulse that started from the local low of $ 29,000 in July and will lead BTC to a new ATH at $ 70,000.

As for Ethereum (ETH), the crypto analyst says the leading smart contract platform has hit a higher low in an uptrend and is now ready to bounce back to $ 3,700.

“Raised from the 0.618 fib retracement level and reached a higher low in the 4-hour timeframe. Early outbreak “.

The source: Smart Contracter / Twitter

The crypto strategist is also closely watching Solana, who he believes has nearly completed its correction in both BTC and USD pairs.

“It could have closed wave 4 with the recent lows in both BTC and USD pairs. The next step is a climb> 100% [theo ý kiến ​​của tôi]”.

The source: Smart Contracter / Twitter

According to Elliott Wave Theory, wave 4 represents a correction phase before the asset triggers the final phase of an uptrend.

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