A renowned analyst, Bluntz, who famously predicted the 2018 Bitcoin bottom has released an optimistic assessment on cryptocurrencies. His update, monitored by more than 223,900 Twitter followers, suggested that big crypto players such as COIN, MSTR, Marathon Digital Holdings (MARA), and Riot Platforms (RIOT) were likely to stage a recovery from their recent shifts with correction that had dropped by as much as 13%-20%. He further highlighted that at current valuations they offered great buy in points. Bluntz also identified his hope of Bitcoin’s progressive offensive, ascertaining that reclaiming $29,000 could awaken a new peak beyond the aforementioned level of $32,000. His update found the leading crypto trading at just below $29,000 yesterday, inching closer to his threshold.
