A closely followed crypto strategist thinks that Bitcoin (BTC) is presenting a golden opportunity to long-term holders.
Pseudonymous analyst Inmortal tells his 212,900 followers on the social media platform X that he sees Bitcoin rallying to a fresh all-time high in the coming weeks.
According to the trader, the current Bitcoin consolidation is giving long-term BTC bulls a chance to accumulate at a level that offers a very favorable risk-to-reward ratio.
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“Generational long entry
BTC.”
Source: Inmortal/X
Based on the trader’s chart, he appears to predict that Bitcoin will rally to as high as $76,000 in the near term as long as support at $60,000 holds.
The analyst also thinks that Bitcoin will not end its rally below $80,000, and believes BTC can print gains
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