Inmortal, a popular crypto analyst, has made a bold prediction that Bitcoin is poised for another major bull run. Drawing parallels with its trading behavior in 2020, where it hovered around the previous cycle’s all-time high before a significant surge, Inmortal believes Bitcoin is on the cusp of round two of the bull market. With confidence, he urges his followers to seize the opportunity and ride the trend.

Despite the current bearish appearance of the market, Inmortal asserts that Bitcoin is still trading within a range and anticipates a breakout in the near future. While there hasn’t been a higher high since the all-time high, he remains optimistic about Bitcoin’s position and suggests that doing nothing may be the best course of action at this point.

As of now, Bitcoin is trading at $61,765, experiencing a 1.5% decrease in the last 24 hours. In addition to his Bitcoin prediction, Inmortal reaffirms his belief that Floki, a memecoin with a dog theme, will outperform the broader crypto market. This conviction stems from the recent inclusion of Floki in VanEck’s MarketVector’s Meme Coin Index, denoted as MEMECOIN. Inmortal sees this as a clear indication that financial institutions are preparing for round two of the bull market, and he expects Floki to lead the way.

Currently, Floki is trading at $0.0001965, showcasing a more than 6% increase in the last 24 hours. To stay up to date with the latest news and developments, readers are encouraged to subscribe to The Daily Hodl’s email alerts.

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