Crypto Insights from Inmortal: Mantle Rising or Bitcoin Diving?
Potential Under-the-Radar Cryptocurrency Displaying Identical Setup to Previous 3797% Surge for Chainlink, Claims Expert
Trending: Mantle (MNT) and Bitcoin (BTC)
Pseudonymous crypto analyst Inmortal has stirred the crypto community with his latest predictions. Inmortal is bullish on MNT, the native token of the layer-2 scaling solution Mantle, and he believes it will follow in the footsteps of Chainlink (LINK).
Mantle's Potential Rise
According to Inmortal, MNT is mirroring Chainlink's consolidation from 2019 to 2020, leading up to LINK's skyrocketing price from $1.36 to a peak of $53. If MNT maintains this pattern, it could reach as high as $6 by next year, a significant increase from its current price of $0.66.
Bitcoin's Future
Regarding Bitcoin, Inmortal is watching a crucial price area that will determine whether BTC will plunge to new lows or if it has found a local bottom. The price level Inmortal is focused on is around $95,000. If Bitcoin can hold its ground at this level, it may suggest a local bottom, but if it fails to do so, it could lead to fresh lows.
Stay Ahead of the Game- Follow Inmortal on Twitter- Check out the latest news, trends, and predictions in the crypto space on The Daily Hodl
[1] Mantle's Current Price: Mantle Price Chart[2] Chainlink's Historical Price: Chainlink Price Chart[3] Inmortal's Tweet: Inmortal's Tweet[4] Comparing Mantle to Chainlink: Inmortal's Triangle Analysis and Chainlink Comparison
- The native token of the layer-2 scaling solution Mantle, MNT, is predicted by pseudonymous crypto analyst Inmortal to mirror the consolidation phase of Chainlink (LINK) in 2019-2020, leading to a potential price increase as high as $6 by next year, echoing LINK's peak at $53.
- On the contrary, Inmortal suggests that Bitcoin (BTC) could be in a precarious position, with a crucial price area around $95,000 determining whether it will find a local bottom or plunge to new lows.
- If Bitcoin can maintain its position at this specific level, it might suggest a local bottom. However, failure to do so could potentially trigger fresh lows, revealing a trend of continued decline.
- To stay updated on the latest developments in the crypto community, one can follow Inmortal's insights on Twitter or explore the latest news, trends, and predictions on The Daily Hodl.
- Cryptocurrencies like Mantle, Ethereum, and altcoins aren't limited to finance and investment stories any longer; they now integrate innovative solutions, such as blockchain technology, that have the potential to reshape various industries.
