In an exciting update for cryptocurrency enthusiasts, a prominent analyst known for their impressive track record on the Bybit exchange, under the pseudonym Bluntz, has shared bullish forecasts for several popular cryptocurrencies, including Dogecoin (DOGE), Bitcoin (BTC), and the trending memecoin PEPE.

Bluntz, who boasts a following of over 291,000 on X, has indicated that Dogecoin is primed for significant gains. He applied the Elliott Wave theory in his analysis, suggesting that DOGE has just completed an ABC corrective phase against Bitcoin (DOGE/BTC), which historically precedes a strong bullish trend. The trader confidently stated, "DOGE/BTC looking sendy again, swept the A wave lows and looks like a clear ABC down move now done. I have been waiting for this one to cool off to start bull posting again, and I think the time has come."

His chart suggests that Dogecoin could skyrocket to approximately 0.000008 BTC, which translates to around $0.73. As of now, Dogecoin is hovering around $0.365, indicating a potential for significant upside.

Shifting focus to Bitcoin, Bluntz expresses optimism, predicting that Bitcoin is on the verge of embarking on a fresh five-wave upward surge, potentially targeting the monumental price of $100,000. With Bitcoin currently trading at $90,227, the cryptocurrency community is eagerly watching for signs of this anticipated breakthrough.

But the excitement doesn’t stop there—Bluntz also turned his attention to the memecoin PEPE, forecasting that it could rise to around $0.00003. Currently, PEPE is valued at about $0.0000214, making it an attractive prospect for traders looking for the next big opportunity.

With the cryptomarket constantly evolving and showing signs of volatility, traders must remain vigilant and informed. Will these predictions come to fruition? Keep an eye on the price movements and prepare for potential market rallies!

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