Today, I’m featuring Benny Bluntz, aka SmartContracter—an Elliot wave wizard who turned $10k into $480k on Bybit's copy trading platform.

Buckle up as we tear into how Bluntz's blend of gutsy calls and savvy strategies predicted Bitcoin's bottom and pumped his followers' portfolios.

One particular coin he called in January went up 6’000%. If you’d put $500 into it it’d be worth $31k at ath.

That’s why I'm sharing everything I found about Bluntz Capital, from his Elliott Wave Theory to his laser-accurate narrative predictions.

So that you can replicate his success with your portfolio.

Ready to ride the wave with Bluntz?

Let's get into it. Enjoy!

Onchain Edge

Btw, was the email forwarded to you? If yes, then consider subscribing. Each week, I share one strategy from 7-figure crypto investors to help you replicate their success. Join 600+ investors.

Bluntz Capital: $3m profit in 90 days

1.Bluntz top bybit copy trader

His X account @Bluntz_Capital is where quite a lot of his trades are shared. Unfortunately not all as many are in his premium discord. (I’m not a member)

Bluntz's Bybit account is a testimony of his success—48x growth from its start.

Recent trades in Pepe and NEAR propelled the account to an all-time high, soaring past market trends.

In just three months, Bluntz netted $3 million in profits for his followers, managing a hefty $13.6 million USDT.

The Art of Calling the Bottom

Benny nailed Bitcoin's bottom with eerie accuracy—called $3.2k six months ahead.

The secret behind his success? Elliott Wave Theory

Elliott Wave Theory is one of the main TA strategies he uses.

And he’s a wizard at it.

This analytical tool helps him spot and predict market trends across cryptocurrencies and stocks.

His early call on the uranium market surge showcased his knack for seeing opportunities before they hit mainstream radar.

Check out his uranium market prediction:

He was probably also one of the first large accounts that was incredibly bullish on $WIF and understood that the meme coin trend was only getting warmed up.

He shilled $WIF at $0.09 right before a crazy 6’000% rally.

Not all the coins he shared a winner. But following his trades on twitter can give you some insight on what narratives he is watching and how he predicts bottoms.

That brings us to the magic behind these predictions.

The Basics of Elliott Wave Theory

Markets are not chaos—they move in a rhythm.

The Elliott Wave Theory suggests that this rhythm is made up of waves driven by collective investor psychology.

• Five Impulse Waves: These push the market trend upward or downward, depending on the main trend direction.

• Three Corrective Waves: These are the counter-moves, where the market breathes and pulls back against the trend.

Why Waves? Understanding these patterns allows traders like Bluntz to forecast potential market moves more confidently.

Variations in Elliott Wave Theory Elliott Wave theory is full of nuances:

Extended Waves: Every now and then, one impulse wave in the sequence extends significantly, capturing a large part of the move.

Here’s an example of a first wave extension from a great article on Elliot wave extensions.

Here’s an example of an extended wave 3 for $eth posted on Jan. 8 2021

Truncated Waves: Sometimes, a wave falls short of its expected target—these are tricky and can fool even seasoned traders.

Bluntz has a knack for spotting these.

Complex Corrections: More than just simple zigzags or flats, these corrections can evolve into intricate combinations, challenging the best to decode them.

Here’s an example of a complex correction ($BTC 15 July 2019)

There are a lot more concepts you can learn around Elliott wave theory

Cryptocred on twitter has a lot of free trading resources, including Elliott wave theory. You should check it out.

5. Current Favorites and Future Predictions

Bluntz is closely watching NEAR (though it’s went up a bit already) and BTC, anticipating major moves.

He’s anticipating a new Bitcoin all-time high in the next few weeks, driven by a bullish macro setup.

These do change quite often so make sure you are following his moves on Twitter.

How to Follow his moves

The easiest way to follow his moves is to follow him on Twitter and set notifications. It's also the best way to be notified when Bybit copytrading slots open up.

Please retweet

I hope you enjoyed this newsletter.

Please retweet this tweet to boost the newsletter's growth. Thanks!

P.S If you are a web3 founder and would like me to help you increase your email conversion rates by 100% with ghostwriting. Then get in touch with me for a free discovery call ([email protected])