Crypto analyst Man of Bitcoin recently provided insights into Bonk’s (BONK) trajectory using the Elliot Wave Theory. As part of his analysis, the analyst revealed how high the Solana meme coin could rise on its next leg up. BONK To Rise To $0.000027 On Next Leg Up In an X (formerly Twitter) post, Man Of Bitcoin predicted that BONK would reach $0.000027 in the third wave of his Elliot Wave analysis. The analyst noted that BONK already broke above the first wave of $0.000022, which confirms that it can indeed make such an impulsive move to that price level. Related Reading: Crypto Analyst Sounds Alarm: Here’s Why It’s Your ‘Last Chance To Buy Bitcoin’ BONK looks to have already completed the corrective Wave 2 move, seeing how it has recovered from the $0.0000167 price level, which the analyst highlighted as the bottom during this price correction. Moreover, from the chart that Man of Bitcoin shared, BONK’s rise to $0.000027 is expected to happen sometime in September. Once that impulsive move to $0.000027 is over, BONK is expected to experience anot ..
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