Iran negotiations are today and PPI figures will come tomorrow. Investors are hopeful as the Bitcoin price regained $68,000, but it is too early to rejoice. SOL Coin is at the $88 mark. How many dollars should be targeted for Solana by March 1? Today we will discuss the current evaluations of different analysts.
Bitcoin Rises
The price has risen, but the trend has not changed yet. Published in the first minutes of today in crypto currencies NVIDIA earnings report positive impact was felt. While the stock market rebounded as the largest AI-related company showed it was doing very well, Bitcoin, which was treated as a tech stock, followed suit.
Today’s Iran negotiations may represent an important breaking point because Trump wanted a deal signed by March. The last negotiation before March is today and everyone says “Trump will hit Iran” unless it is announced that “the nuclear program will be completely stopped and ballistic missile development will also be stopped.” Last minute developments in the coming hours are important and Sunday, March 1 is quite risky.
Jelle shared the graphic below. BTC He reminded that despite the jump in prices, nothing much has changed yet and the outlook is still weak.
“Bitcoin price It jumped 12% in one day, but overall this doesn’t change anything. The daily chart also shows this.
“My plan is the same: accumulate cheap coins, do nothing for a year or two, and sell them at a much higher price to tourists caught up in FOMO.”
Solana (SOL) Forecasts
Maintaining a three-digit price for a long time SOL Coin just like BNB, it could not withstand the recent devastation. Although it is currently at the $ 88 limit, we mentioned in the first part that the rise of BTC is risky, and since ETH has reached the $ 2,100 threshold and does not give confidence to the market for altcoins, it may be necessary to be cautious for SOL Coin. Analyst with the pseudonym Ameba_NM expects a return to $82.
“Zero progress above 90, didn’t even try… Sounds like if you shake it up a bit we’ll get an HP around 82-83.”
Columbus noted the RSI rise and mentioned that his hopes are brightening for SOL Coin as the momentum is increasing. If he is right, BTC should not experience a decline today due to Iran or other external factors and SOL Coin should start closing above $90.
