Cryptocurrency Market Predictions for 2022 and Beyond

A well-known trader, Inmortal, anticipates substantial rallies for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and an additional altcoin in the current year. The pseudonymous trader, with a large following on the social media platform X, suggests that API3 (API3), a decentralized data oracle network bridging traditional APIs and blockchain applications, is poised for significant movement after a prolonged period of consolidation.

Inmortal highlights API3's recent strategic funding round, spearheaded by digital asset investment firm DWF labs, and emphasizes the favorable technical indicators displayed on the altcoin's chart.

According to Inmortal, API3 is on the brink:

"API3 has successfully wrapped up a strategic funding round, with treasury assets exchanged for four million USDC. Regarding the chart? There's nothing more to say; it's extremely bullish.

• Over 600 days of accumulation
• Clean retest of the accumulation zone

Send it."

The image attached shows Inmortal's chart analysis, forecasting that Ethereum-based altcoins will reach $6. Currently, API3 is trading at $3.37, marking a 9% increase over the past day.

In a broader market analysis, Inmortal foresees a strong finish in 2024 for BTC, ETH, and SOL. The trader anticipates a relatively quiet period in the digital asset markets over the next few months, followed by a full-fledged "parabolic uptrend" in the fourth quarter.

Inmortal's market predictions are as follows:

• Dull June-July, with volatility and traps on both sides
• Resumption of an uptrend in August

• Parabolic trend throughout Q4

• BTC surpasses $100,000

• ETH exceeds $10,000
• SOL surges above $500
• Altcoins experience gains between 2x and 5x

Inmortal asserts, "Charts never lie."