Predicting Potential Gains for Polygon (MATIC) in the Next Bull Market
A trader with a history of accurate predictions believes that Polygon (MATIC) has the potential to surge during the next bull market cycle. The pseudonymous analyst, Dave the Wave, shared his insights with his social media following, suggesting that MATIC could see significant gains against Bitcoin (MATIC/BTC).
According to the analyst’s chart, he predicts that MATIC will follow a similar pattern against BTC and increase by approximately 200% from its current value to around 0.0000618 BTC ($2.25). Currently, MATIC/BTC is trading at 0.0000220 BTC ($0.77).
Dave the Wave also offered insights into Bitcoin, emphasizing that the king crypto’s one-year moving average accurately reflects its broader price pattern. He believes that this moving average serves as an essential metric for identifying “bull market support.”
As of the time of writing, Bitcoin is valued at $35,278.
Hot Take: Analyst’s Predictions Point to Promising Future for Polygon (MATIC)
The post Analyst Who Called 2021 Collapse Forecasts Potentially Massive Polygon (MATIC) Gains During Bull Market appeared first on The Daily Hodl.
By
By
By
By