🤔Arthur Hayes: "When BTC hits $70,000 and ETH hits $4,000, the alt season will begin."
+ he expects the crypto market to start rising in September and #SOL to be priced above $250.
Beyond Crypto
🤓Ali Charts analyst expects $SOL at $1000
Ali Charts, a popular online analyst in cryptocurrency circles, compared the #SOL chart for July 2021 with today's and believes that if the pattern works again, we will see Solana at $1000.
In the meantime, Solana has overtaken BNB and now ranks 4th among cryptocurrencies by market capitalisation.
Beyond Crypto
#SOL forms a bullish harmonic pattern, indicating a potential reversal at Point D. The retracement levels 0.617 and 0.889 indicate strong support zones.The 1.325 extension aligns with Point D, increasing the likelihood of a price bounce. 🔥
Further, If the price closes above 140-145 USDT, a strong buy setup is confirmed. If the price drops below 120.85 USDT, a breakdown may occur, with possible downside to 100-99 USDT.🔥✅