Cryptocurrency analyst Bluntz has a large following and draws attention with his influential predictions. He recently made bold predictions about Bitcoin (BTC), Sui (SUI), and the layer 1 blockchain project Saga (SAGA). Bluntz’s analyses offer important clues about the future movements of these assets, especially based on technical charts.

One of the assets that Bluntz has drawn attention to is Sui (SUI). According to the analyst, the four-hour chart of SUI is showing quite positive signals; this asset has the potential to gain strong momentum by breaking the upper boundary of an ascending channel. In technical analysis, such channel breaks are usually associated with the expectation of a price increase. The continuous and slow increase in volume suggests that SUI presents an attractive opportunity for investors. Bluntz predicts that this altcoin can gain 75% from current levels and rise to $2.40.

Bitcoin (BTC) Targets $100,000$BTC

Bitcoin (BTC) also has an important place in Bluntz’s analysis. The analyst, who predicts that the leading cryptocurrency could reach its cycle peak by the end of 2024 or early 2025, expects BTC to rise to around $ 100,000 during this period. This prediction is based on the Elliott Wave Theory; according to the analyst, Bitcoin is currently in the fourth wave of this theory’s five-wave uptrend model. Bitcoin is likely to show strong performance during this period. Bluntz states that the uptrend will last for several months and that investors will have the opportunity to make a profit during this period.

Positive Views on Saga (SAGA)$SAGA

Bluntz also has positive evaluations about Saga (SAGA), a layer 1 blockchain project. According to the analyst, an inverse head and shoulders formation has formed on SAGA’s charts. This formation may indicate weakening sellers and a potential rise. In addition, SAGA’s venture capital support and low market capitalization are among the factors that increase its growth potential.

Bluntz’s comments provide important strategic information for both short- and medium-term investors. While smaller altcoins, such as Sui and Saga, may have higher earning potential than Bitcoin, Bitcoin remains a safe haven in the long term. Forecasts based on such technical analysis methods provide investors with important ideas on how to draw a roadmap in the crypto market.

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