A well-known crypto analyst has expressed a bullish outlook on one of the top 10 altcoins while updating his outlook for Bitcoin.BTC).
Start with the smart contract platform SolanaSOLAltcoin Sherpa is a pseudonymous crypto-strategist tells According to his 209 900 followers on social media platform X, the fifth-largest cryptocurrency asset by market capital could appreciate between roughly 250% and 60% this cycle.
“SOL – This cycle will be the highest ever, but how high? My opinion is that something as obscene as $1,000 is not out of reach.
Even one of my biggest bags. $170 next Level up.
The chart of the analyst shows that the price has risen to $140. next Major resistance levels for Ethereum (ETHAround $174 and $202 are the prices of competitors.
Solana is currently trading at $142. It reached a high of $260 in 2021.
Altcoin Sherpa, the leading digital asset. says It will be volatile in the short-term but eventually reach six-figure prices this cycle.
According to the chart of the analyst, Bitcoin is expected to surge just below $70,000 in the near term before plummeting to about $62,000.
“Bitcoin is going to go to $100,000 this cycle and these short-term movements are a blip on the radar. Don’t lose your stack when we’re so close to the finish line.”
Bitcoin was trading at $67.478 as of the time of this writing. This is a slight increase over the past 24 hours.
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Source: dailyhodl.com
