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Home»Bitcoin»If their cup-and-handle patterns complete, Bitcoin and Solana will reach parabolic levels

If their cup-and-handle patterns complete, Bitcoin and Solana will reach parabolic levels

Bitcoin By Gavin07/07/2025
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The following are key points.

  • Analysis shows that Bitcoin and Solana will reach new heights in the parabolic range if they both successfully finish a cup-and handle pattern.

  • BTC and SOL prices targets are respectively $230,000 and $43,390.

  • SOL/USD must deliver gains in excess of 3,000% before it can reach its breakout high level.

BitcoinBTCAccording to a recent prediction, the value of a breakout strategy can be as high as $230,000.

The author, in his own words: latest analysisTrader Alan – a well-known X content creator – delivered a $4 390 Solana.SOLPrice target.

Solana “waiting” Breakout with $4.390 Target

Bitcoin has been in the news for 7 weeks. within a narrow rangeThe anticipation of where the BTC prices will go next is increasing as time progresses.

For Trader Alan, a familiar chart pattern holds the key — and so far, progress is exactly what bulls are hoping for.

“Bitcoin and Solana Cup and Handle Pattern on monthly chart,” he said to X subscribers, adding that SOL/USD has been trying to mimic BTC.

The cup-and handle pattern is an established bullish setup where the price returns to its previous high and consolidates before continuing higher.

The following are some of the ways to get in touch with us. Cointelegraph reportedBTC/USD is already in the middle of a long term cup-and handle pattern. It has gone from its peak at 2021 to its lowest point and returned to that level, then made its first journey to $100,000.

“$BTC has broken out the handle while $SOL is still waiting for the breakout,” Alan’s latest claims are about the new iterations in the pattern. This, for Bitcoin, extends its breakout above the high of 2021.

“This pattern sets $BTC and $SOL to targets of $230,000 and $4,390 respectively.”

BTC/USD vs. SOL/USD comparison. Source: Alan Trader/X

The dominance of Bitcoin keeps altcoins at bay

The BTC/USD goal still represents 115% growth, but it’s a modest target when compared to Solana’s roadmap which calls for gains of almost 3,000%.

Related: Bitcoin price can hit $150K in weeks thanks to Trump’s ‘Big Beautiful Bill’

SOL/USD trades around $150. According to data from, the pair reached its all-time highest in January 2025 at $294. Cointelegraph Markets Pro You can also find out more about the following: TradingView.

SOL/USD 1-week chart. Source: Cointelegraph/TradingView

Without “altseason“, however, the obstacles to such a rapid move are significant. Bitcoin’s dominance in the total crypto market capital continues to increase, reaching new highs since early 2020.

But, as Cointelegraph notedBTC dominance has always coincided historically with altcoins’ strength.

Rekt, the popular analyst and trader of Rekt Capital said that it may not be necessary to tag this cycle in 70% for an altseason start.

Bitcoin Crypto Market Cap Dominance Chart for 1 Week. Source: Cointelegraph/TradingView

This article contains no investment recommendations or advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making a final decision.