Bitcoin $63,421 price At the time of writing, it has returned to the $62,700 level, and the biggest reason for this is Saylor’s BTC purchase. Although they successfully predicted the bottoms in these purchases, we got used to the declines after the announcement. Now let’s take a look at the predictions of different cryptocurrency analysts, both for BTC in general and for SOL Coin.
SOL Coin Future
Despite having impressive weeks in 2024, SOL Coin’s positive divergence was reversed due to the decrease in risk appetite among investors. Now, due to both the Solana event and the third quarter expectation in the markets, SOL Coin continues to increase by 5 percent. The price of $147 is in line with the targets we have stated in recent days.
The chart above was shared by analyst known by the nickname XO and shows that the price is in an uptrend. The biggest Ethereum breakout from the support level 
$2,548 Its rival should now move towards the $250 target.
Bitcoin and Cryptocurrencies
If we are going to talk about stable increases in altcoins BTC The price needs to make a real peak. The chart below shared by Jelle highlights the potential for an upward breakout due to a return to the upper region of the channel. The key for BTC is $65,000 and the current price is not far from there.
If we remember that the last major decline started at the $65,000 resistance, it is imperative that the bulls break out of the channel to prove that something has changed, as the Fed moves into the interest rate cut phase. Jelle wrote;
“Return to upper channel. New local highs above $65,000 would confirm that a breakout is imminent.
“The stars will soon align for a trip to the Moon. Let’s get started.”
Second cryptocurrency analyst Feyronn and the level he draws attention to are the same as Jelle. He also says that the rapid rise will begin with closings above $65,000 and draws attention to the strength of the $53,000 support.
US stock markets are strong with interest rate cuts, Gold hits new record and Bitcoin It maintains the key support at $61,700. All of these are things that could encourage altcoin investors in the near future. It will take some time for investors, who have been returning empty-handed for two quarters of upward attempts, to reach a full level of confidence.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
