Renowned crypto analyst Inmortal is predicting an imminent bull run for Bitcoin (BTC) after a period of consolidation. According to Inmortal, Floki (FLOKI) is poised to lead the market surge, bringing new life to the crypto market.

Inmortal draws parallels between Bitcoin's current trading pattern and its 2020 model, hinting at a repeat scenario where the largest cryptocurrency trades around its all-time high (ATH) before embarking on a significant bull run. Despite the current bearish signal, Inmortal remains optimistic, emphasizing Bitcoin's trading range and anticipating a substantial breakout in the short term.

The analyst stresses the importance of patience and long-term perspective, noting that higher levels have not been seen since Bitcoin reached its ATH of $73,750. Investors are advised to stay in the game and avoid impulsive actions, as short-term fluctuations are inevitable.

Inmortal also reaffirms his prediction of Floki's rise, citing its inclusion in VanEck's MarketVector Meme Coin Index as a sign of institutional players preparing for the next bull market phase. With Floki currently trading at $0.0001965, showing a 6% increase in the last 24 hours, Inmortal's confidence in the altcoin's future is clear.

Overall, Inmortal's analysis suggests Bitcoin is on the cusp of another bull run, mirroring past trading patterns. While short-term fluctuations are expected, the analyst remains bullish on Bitcoin's long-term prospects, emphasizing patience and strategic decision-making for investors. The confirmation of Floki's potential further solidifies the bullish outlook for the altcoin market, signaling opportunities for investors seeking alternative options.