Analyst Fires Rockets for Two Altcoins: Expecting a Fall Would Be Foolish!
Popular cryptocurrency analyst Bluntz focused his bullish expectations on two altcoins.
In his recent X post, Bluntz suggested that Pepe (PEPE) and its rival Sei (SEI) are preparing for a rise.
The analyst, who has 273,500 followers on Twitter, stated that PEPE and SEI broke the bullish reversal formations and stood out among the market leaders.
Bluntz said, âThere is a visible accumulation process in many altcoins, so it is difficult to be negative against the market right now.â
Drawing attention to the fact that SEI has formed a round bottom formation, the analyst stated that this is a bullish reversal formation that shows that investors are collecting the asset at a low level and not allowing the price to fall further.
He also said that PEPE has completed the ABC corrective wave, indicating that the asset will rise. PEPE's current price is at $0.0000078 and has lost 1.2% in the last 24 hours.
US Bitcoin could start a rally
Bluntz, who also made predictions about Bitcoin, stated that he thinks the liquidity injections of the US Federal Reserve (FED) could start a rally in Bitcoin.
The analyst emphasized that Bitcoin is giving bullish signals by saying, "Since September was generally bearish, you can't have ignored the Fed's liquidity injections, right?"
Bluntz, who previously predicted that Bitcoin would reach $100,000, said, "This is still my main scenario. I think the bears will fall soon."
