Trader Who Predicted Bitcoin’s 2024 Rise Eyes 3 Altcoins for High Returns by June

cryptonews.com:

Predictions from seasoned traders and analysts have often formed the basis for investors’ sentiment. With years of experience, these crypto traders have eagle eyes, leading to many accurate predictions. A veteran trader known as Bob Lukas made a bullish forecast for Bitcoin, predicting a BTC rally to $74,000. Recently, he has revealed three altcoins–Solana (SOL), Shiba Inu (SHIB), and Hump (HUMP)–the next big plays primed for 10x returns by June.

In January, Bob Lukas, a renowned trader who commands a substantial following on social media platforms like Twitter and YouTube, garnered attention for his bold predictions. Lukas’ prediction centers around the cyclical nature of Bitcoin price movements, particularly concerning the four-year halving cycles. With the recent halving in April 2024, Lukas foretold a surge in Bitcoin price, potentially reaching $74,000 by 2025. However, Bitcoin outperformed his predictions, hitting the $74,000 mark in March. Recently, he revealed three altcoins primed for 10x growth in June, which sparked high possibilities for investors.

Among Lukas’ picks for the next big play is Solana (SOL), which has caught the attention of investors and analysts alike due to its high throughput and low transaction fees. Currently the fifth cryptocurrency according to market capitalization, Solana is one of the fastest-growing cryptocurrencies, with SOL witnessing a 450% surge since the beginning of the year. Although it’s currently marking a 20% dip in the past seven days, Solana has demonstrated resilience, attracting significant inflows of investment. Solana transaction volume has also surged, becoming the second largest Blockchain by transaction volume, further solidifying its position as a significant