• Analyst Pentoshi believes that Polygon (MATIC) will attain an all-time high (ATH) price against Bitcoin (BTC) within the next 14 days.
• Pentoshi is confident that MATIC has the capacity to unseat Bitcoin with regards to all-time high performance.
• The analyst maintains that a bearish correction is not out of the equation, despite MATIC looking extremely bearish.
Polygon Poised to Overtake Bitcoin
Analyst Pentoshi believes that Polygon (MATIC) will attain an all-time high (ATH) price against Bitcoin (BTC). He is confident in MATIC’s ability to overtake Bitcoin in terms of all-time high performance and attain this milestone within 14 days before the Polygon zkEVM upgrade rolls out.
Pentoshi’s Prediction
Pentoshi, a popular cryptocurrency analyst fond of sharing his predictions and technical analysis of crypto on Twitter, is confident that Polygon (MATIC) has the capacity to not only increase its value significantly but also unseat Bitcoin. According to Pentoshi’s tweet, the takeover could be recorded this week or in the following week.
Bearish Correction Possibility
In addition to his tweet, the analyst maintains that a bearish correction is not out of the equation, despite MATIC looking extremely bearish. However, he concludes that chart is still very promising.
Mass Adaptation Imminent
The sentiment shared by analyst Pentoshi has since spurred on an interesting conversation in the cryptocurrency twitter space and Mass adaptation for Polygon seems imminent. The upcoming zkEVM mainnet launch is a major catalyst for a bullish run as market players are also hurrying to short their positions.
Conclusion
All in all, it appears as though Polygon may soon overtake Bitcoin with regards to all-time performance if things go as predicted by Pentoshi and other analysts alike. While some corrections may be imminent, there’s no doubt that mass adoption for MATIC is inevitable given its strong showings during times of crypto market bearishness and upcoming upgrades which should further propel its growth potential even further.