Analysts, who argue that the recent decline in the crypto money market is temporary, warns investors not to sell panic. Analyst named InvestansWers, known via 563 thousand subscribed YouTube channel, Bitcoin $81,701.23 And he explained that the technical indicators of digital assets, especially Solana, gave a rise signal. According to the analysis, the “double dip” formation observed in Bitcoin and the basic metrics of Solana may be a harbinger of a harsh recovery in the coming period.
Binary Bottery Formation and Expectations in Bitcoin
According to the data shared by InvestansWers, Bitcoin has been resisting $ 82,000 for the last week. This movement coincides with a formation called “bilateral bottom ve in technical analysis and often pointing to trend transformation. Analyst emphasized that this signal is similar to the rise in the past and that the market generally maintains its upward course.
Bitcoin’s consolidation in the current price range can cause investors to think about short -term decreases permanent. However, experts, especially large -scale investors, draw attention to the low levels of purchases against the risk of “bear trap” warns. Market participants, technical indicators and volume data by following the strategy is recommended to determine.
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Solana’s growth potential and analysis
InvestansWers claims that Solana’s current market value is quite low compared to basic data. According to the mathematical model developed by the analyst, it is suggested that the market value should be at a level of 24 trillion dollars, considering the number, transaction volume and revenues of Solana. This figure is far above Bitcoin’s current value of $ 2 trillion.
In the current environment where Solana is trading around $ 125, the technological infrastructure and ecosystem expansion of the project is seen as a criterion for investors. Analyst says that Solana has higher return potential than Bitcoin, but it should be careful due to volatility. In particular, development activities on the network and protocol updates are among the factors that may affect price movements closely.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
