- Bitcoin breaks through a crucial $66,000 resistance level.
- The sentiment for a bullish altseason grows with this breakthrough.
- Solana (SOL) could hit a bullish new ATH of $1,400 after a massive +600% pump.
Bitcoin broke past the resistance level of $66,000 before dipping slightly to the $65,000 price level. Analysts are of two different opinions, the first where a greater BTC price dip will occur which will lead to an early onset of altseason bringing greater ATH targets for altcoin and the second where BTC price will continue to rise to hit ATH targets.
Altcoins Go Bullish, SOL Aims $1,400 Target
The path Bitcoin can take is irrelevant in the eyes of many analysts as their top expectation is a massive rally for altcoins either way. In detail, many analysts are sharing bullish ATH expectations for many altcoins in the coming months. So far, many altcoins have already started to surge in price like FET and SUI.
Meanwhile, other altcoins are just starting to make bullish moves on their price charts indicating possible massive pumps ahead for many altcoins. In the spotlight today is Solana (SOL), a leading crypto project that was developed to make Ethereum obsolete. SUI was designed to rival SOL and is already making a comeback this bull cycle.
Can SOL Outperform ETH and SUI?
According to the post above, SOL is also yet to make its bullish pump. This analyst believes SOL price could likely hit $1,400 this bull run. In fact, he sees the altcoin printing a massive bull flag that could unfold very soon over the next weeks or months where SOL price could skyrocket.
Read CRYPTONEWSLAND on
google news
Based on CoinMarketCap data, the price of SOL is currently $153.11 with a total market cap of $71,920,616,582.29 and a 24-hour trading volume of $$2,616,702,142.68. Solana’s previous ATH was set at $260.06 three years ago, can it hit the expected high of $1,400 this bull run?
Crypto News Land, also abbreviated as “CNL”, is an independent media entity – we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
