Analyst Predicts Imminent All-Time Highs for Bitcoin, Sees One Memecoin Igniting BONK-Style Explosion
An analyst with a history of timely crypto calls believes that Bitcoin (BTC) will break out and trade in uncharted territory soon. Pseudonymous analyst Pentoshi tells his 869,100 followers on the social media platform X that he thinks Bitcoin will surge to an all-time high (ATH) price in the next few days. “Feel it in my flippers that we see BTC at ATH this week The market, especially ETH and BTC both have a lot of tailwinds so far (barring anything unexpected)… If we break out, I think we see $118,000-$120,000 pretty quick.” Source: Pentoshi/X At time of writing, Bitcoin is trading for $108,047, an over 1% drop in the past day. Pentoshi is also keeping a close eye on the memecoin Floki (FLOKI), which he thinks is positioned to follow in the footsteps of fellow meme token Bonk (BONK). BONK is up about 100% from its June 25th low of $0.0000123. According to Pentoshi, FLOKI’s chart appears to be a carbon copy of BONK’s price actio...