BOLT Token Long-Term Higher Low, Long-Term Support & New ATH

17 wrz

BOLTUSDT (BOLT Token) just produced a higher low right above its biggest support ever. Back in 2020, BOLTUSDT hit a major low and from this low a bullish phase develop, the well known 2020/21 bull-market. In a period of 371 days this pair grew by an astonishing 4,097%. The peak/ATH happened on the 29-March week of 2021.

Three years and a half later, the same support range that launched the 2021 bull-market has been activated. We have a strong reversal candle supported by high volume. This is potentially the start of a new bullish cycle.

Using the current price as a potential entry, a new ATH of 0.061 would be equal to ~1,450 growth potential. A less impressive but still huge ATH projection is the 0.038 price level for a total of 882%. This is based on the 262% and 162% Fibonacci extension of a wave from the last major low (September 2024) to the March 2021 All-Time High.

This pair is looking good and while it is still early, the fact that it remains strong after years of fluctuations tells us that it can do good when the next bull-market comes. Remember, these projects have a low market capitalization, so when lots of capital enter the market they can easily grow. And they do grow because we've seen it happen many times before.

Prepare for 2025. It will be the year when Cryptocurrency takes over the world.
In a positive way of course.

Sir, how would you like to pay your bill; credit card, cash or crypto?

I'll pay with Crypto of course.

Namaste.