Bitcoin and Solana Will Hit Parabolic Levels if Their Cup-and-Handle Patterns Complete

Key points:

• Bitcoin and Solana can achieve parabolic new maximums if both crypts successfully complete the cup formula and mastery according to the analysis.

• BTC prices and Sol prices are $ 230,000 and $ 4,390.

• Sol/USD would have to make profits of almost 3,000%to reach the highest level.

Bitcoin (BTC) It can reach $ 230,000 if the classic escape move is successfully completed, it reports new predictions.

In his latest analysisPopular Creator X, Trader Alan, added a giant $ 4,390Sol) Price goal.

Solana “waiting” to escape with the target of $ 490

Bitcoin spent seven weeks playing in a narrow extentBut over time, expectations are growing where the BTC price action will go.

Alan’s merchant holds the well -known chart formula – and so far the progress is exactly what Bulls hope for.

“Bitcoin and Solana Cup and the handle of the handle on the lunar chart,” X said to the watching, adding that SOL/USD is currently trying to copy BTC.

The cup and hand formula is a known bull setting in which the price returns to the previous high, konsolidate and then continues higher, often with explosive results.

As Cointlelegraph reportedBTC/USD has already completed the long -term cup and handle, from its peak to 2021 to 2022 and backup, followed by its first trip to $ 100,000.

“$ BTC has fished the handle, while $ Sol is still waiting to escape,” Alan says about the latest iterations of a pattern that expands the escape to a high level of 2021 in Bitcoin’s case.

“This formula sets $ BTC and $ sol to go to targets of $ 230,000 and $ 4,390.”

Bitcoin dominance keeps altcoins under control

While the BTC/USD goal still represents 115% of profits, it is quite modest when it is viewed next to the Solana plan, which requires almost 3,000%.

Related: The price of bitcoins can hit $ 150,000 per weeks thanks to the “big beautiful account” Trump “

Sol/USD currently trading around $ 150 while the pair is high since January 2025 COINTELEGRAPH Markets for and Tradingview.

In the absence of “altseason“However, such a parabolic move faces significant obstacles. Bitcoin dominance of the overall market cap continues to grow and has been undergoing 65%since the beginning of 2021 to reach the highest level.

However, as Cointlelegraph notedBTC dominance hit 70% historically coincided with the beginning of the power of altcoins.

Previously popular trader and analyst Rect Capital added that this cycle does not need a brand of 70% of the Altseason start zone.

This article does not contain investment counseling or recommendations. Every investment and business step includes a risk and readers should do their own research in decision -making.