Inmortal: ATOM Is Undervalued, ETH Flipping BTC Is A Matter Of Time

According to a widely-followed crypto market analyst and trader, known as Inmortal, Cosmos (ATOM) is undervalued and going to make big moves. He also looks into Bitcoin (BTC) and Ethereum (ETH) amid the latest downtrend.

Cosmos (ATOM)

Inmortal shared with his 120.1K followers on Twitter that the native token of the interoperable blockchain network Cosmos (ATOM) is currently trading below its fair value.

“ATOM is undervalued.”

$ATOM is undervalued. pic.twitter.com/8xE7qTbkK0
— Inmortal (@inmortalcrypto) November 22, 2021

The analyst also said that the ATOM chart looks great at the moment against USD.

“ATOM/USD. I love this chart rn (right now). Clean deviation after retest daily demand and relevant swing point. Range low tested, range high at $48 is next.”

At time of writing, ATOM trades at $30.16, with 1.5% gains on a weekly chart.

Bitcoin (BTC)

Inmortal is also looking into Bitcoin, which recently came down from a new high above $69K to below $56K. His message is crystal clear what’s next for the king of crypto.

“Do or die.”

Do or die.

#Bitcoin pic.twitter.com/fghRKyVvpI
— Inmortal (@inmortalcrypto) November 22, 2021

The analyst also draws out his dream scenario for Bitcoin. If BTC manages to reclaim 61K, it could go up to 80K in the next two weeks or so.

“Dream scenario IF we reclaim 61k.”

Dream scenario IF we reclaim 61k#Bitcoin pic.twitter.com/aDGtivdlT8
— Inmortal (@inmortalcrypto) November 22, 2021

At the time of writing Bitcoin is trading at $58,160.

Ethereum (ETH)

Inmortal also updates the leading smart contract platfrom, Ethereum (ETH). On a widely discussed topic of ETH market cap becoming bigger than BTC’s, also known as flippening, he believes that it is inevitable.

“Flippening is just a matter of time.”