Inmortal Issues ‘Final Call’ For Litecoin To Explode, $60K BTC In Two Months
A popular crypto trader and analyst known in the industry as ‘Inmortal’ is shouting a “last warning” that calls for Litecoin (LTC) to potentially explode. Inmortal also shares his thoughts on what is in store for Bitcoin for the next two months.
Inmortal shares with his 58,500 Twitter followers that Litecoin (LTC) is poised to “teleport to $200.”
According to Inmortal’s analysis, LTC appears to be building support on top of a crucial EMA (exponential moving average) and could be ready for parabolic move.
Regarding Bitcoin (BTC), the trader expects the number one crypto by market cap to cool off slightly before it begins grinding its way up to $60,000 in September.
Inmortal has previously called for Bitcoin to make new all-time highs by November. But, according to the analyst, a “flippening,” or an overtaking of Bitcoin’s market cap by Ethereum (ETH), is in the cards for the leading smart contract platform.
“This consolidation will come to an end soon. The flippening is knocking the door.”
Source: Inmortal
Currently, ETH/BTC is trading at 0.068 BTC, worth about $2,954. Inmortal’s prediction implies a 61% increase for the pair in less than two months should ETH/BTC hit his target of 0.11 BTC ($4,779).
