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Home»Bitcoin»Bitcoin and Solana’s Cup-and Handle Patterns Will Reach Parabolic Heights

Bitcoin and Solana’s Cup-and Handle Patterns Will Reach Parabolic Heights

Bitcoin By Gavin06/07/2025
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The Big Beautiful Bill Gives Bitcoin A Shot Amid Inflation
The Big Beautiful Bill Gives Bitcoin A Shot Amid Inflation
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Important points

  • According to an analysis, Bitcoin and Solana could reach new parabolic highs when both tokens complete the cup-and-handle pattern.

  • BTC Price and SOL Price Targets are $230,000 & $4,390 respectively.

  • 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 ) could reach $230,000 when a breakout is completed successfully.

He is a latest analysisTrader Alan – a popular X content creator – delivered a massive $4,390 Solana.SOLPrice target.

Solana “waiting” Breakout with $4.390 Target

Bitcoin has acted for 7 weeks within a narrow rangeAs time passes, the anticipation grows as to what direction BTC’s price will take next.

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 told X’s followers that SOL/USD was currently trying to copy 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. 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. In Bitcoin’s instance, this extends the breakout above the 2021 high.

“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

Bitcoin dominates altcoins

The BTC/USD goal still represents 115% growth, but it’s a modest target when compared to Solana’s roadmap which is calling 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 The following are some examples of how to get started: TradingView.

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

Without “altseason“, however, a move of this magnitude faces many obstacles. 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 the rise of altcoins.

Rekt, the popular trader/analyst added earlier that it may not be necessary to tag this cycle in 70% for Altseason to start.

Bitcoin cryptocurrency market cap dominance 1 week chart. Source: Cointelegraph/TradingView

The information in this article does not constitute investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making a final decision.