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    Home»Bitcoin»Crypto Analyst Who Known as 2025 Bitcoin Pullback Sees PENGU Set for Subsequent Leg Greater, Updates Forecast for BONK and Prime Memecoin – The Each day Hodl
    Crypto Analyst Who Known as 2025 Bitcoin Pullback Sees PENGU Set for Subsequent Leg Greater, Updates Forecast for BONK and Prime Memecoin – The Each day Hodl
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    Crypto Analyst Who Known as 2025 Bitcoin Pullback Sees PENGU Set for Subsequent Leg Greater, Updates Forecast for BONK and Prime Memecoin – The Each day Hodl

    By Crypto EditorAugust 5, 2025Updated:August 5, 2025No Comments3 Mins Read
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    The crypto strategist who nailed the Bitcoin (BTC) native prime in January believes that the memecoin Pudgy Penguins (PENGU) is gearing up for one more upside burst.

    The pseudonymous analyst Bluntz tells his 326,600 followers on the social media platform X that PENGU seems to be poised for a wave-five surge.

    The dealer depends on Elliott Wave principle, which states {that a} bullish asset tends to witness a five-wave rally, with waves one, three and 5 serving as upside strikes and waves two and 4 appearing as corrective durations.

    Says Bluntz,

    “This seems to be just like the PENGU wave 4, for my part. For those who missed the final run up and have been patiently ready for the pullback, this can be a good one to bid. Good 33% dip after a giant run-up is completely regular.”

    Image
    Supply: Bluntz/X

    Trying on the dealer’s chart, he appears to foretell that PENGU will soar above $0.05 earlier than ending its five-wave rally. At time of writing, PENGU is value $0.0357, up over 7% up to now day.

    One other meme token on the dealer’s radar is Bonk (BONK). Bluntz says the altcoin is flashing a bullish divergence on the four-hour chart, indicating that purchasing momentum is on the up and up for the altcoin regardless that its value goes down.

    Merchants preserve a watch out for cash displaying a bullish divergence, because it alerts {that a} reversal to the upside is on the horizon.

    “Possible going to be a cracking four-hour bullish divergence on BONK, in all probability a great place to bid right here.”

    Image
    Supply: Bluntz/X

    At time of writing, BONK is value $0.000026, up almost 5% on the day.

    The final memecoin on the dealer’s radar is Ineffective Coin (USELESS), which the dealer says will doubtless enter a corrective section after finishing a five-wave rally.

    “That’s 5 up on USELESS from inception [up to] now. Can be bidding this once more sooner or later after the correction to the inevitable billions in market cap, however as in all issues, timing is every little thing.”

    Image
    Supply: Bluntz/X

    At time of writing, USELESS is value 0.246.

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    Disclaimer: Opinions expressed at The Each day Hodl are usually not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses chances are you’ll incur are your duty. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please notice that The Each day Hodl participates in internet online affiliate marketing.

    Generated Picture: DALLE3



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