[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-analyst-reveals-bitcoin-and-so28101964008-6b50-73aa-bf4a-cd34ab8496cf":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":12,"source":13,"reactions":14,"selfReactions":15,"logo":16,"sourceId":17,"sourceUserId":18,"asset":19,"tagsCategories":20,"totalComments":21,"lang":22,"unique_views_count":23},"analyst-reveals-bitcoin-and-so28101964008-6b50-73aa-bf4a-cd34ab8496cf","1744829949000","Analyst Reveals Bitcoin and Solana (SOL) Expectations! Shared Levels That Must Be Exceeded for Bullish Confirmation!","\u003Cp>Following the recent rise in Bitcoin (BTC) and altcoins, a sudden decline occurred again due to profit sales.\u003C/p>\u003Cp>While Bitcoin retreated to $83,300 levels, major altcoins such as Ethereum (ETH), Solana (SOL) and XRP saw declines of up to 5%.\u003C/p>\u003Cp>As investors try to predict the movements of Bitcoin and altcoins amidst huge uncertainty in the market, FxPro analyst Alex Kuptsikevich has outlined his Bitcoin and Solana expectations.\u003C/p>What is needed for Bitcoin to rally?\u003Cp>Stating that Bitcoin and Solana are at a critical threshold, Kuptsikevich said that BTC and SOL are currently testing their 50-day moving averages.\u003C/p>\u003Cp>Underlining that the price must rise above the 200-day average for the expected rally in Bitcoin, the analyst said:\u003C/p>\u003Cp>“Bitcoin remains cautious as it trades above its 50-day moving average.\u003C/p>\u003Cp>Despite its cautious move, Bitcoin’s hold above its 50-day moving average is an important and first technical attempt to reverse the downtrend.\u003C/p>\u003Cp>Interestingly enough, BTC is also quite close to the 200-day average, so the second confirmation of a trend change could come quite quickly.\u003C/p>\u003Cp>So only a solid close and consolidation above the 200-day moving average can confirm a change in the downtrend in BTC.”\u003C/p>\u003Cp>Finally, Kuptsikevich added that Bitcoin has already entered a resistance zone where the initial recovery may lose steam.\u003C/p>Solana (SOL) Could Reach $180!\u003Cp>Noting that Solana has shown strength in the falling market compared to other altcoins, the analyst said that SOL is ready to rise if overall market conditions improve.\u003C/p>\u003Cp>Stating that Solana is also testing its 50-day average, the analyst stated that if it manages to stay above this level, SOL could reach up to $180.\u003C/p>\u003Cp>Solana is recovering faster than many major altcoins in a falling market, trading around its 50-day moving average around $130.\u003C/p>\u003Cp>“A consolidation above this level will open the way to $145, the area of previous highs. A sustained move above these will signal a breakout of the downtrend and could lead to a move to $180.”\u003C/p>\u003Cp>*This is not investment advice.\u003C/p>\u003Cp> Continue Reading: \u003Ca href=\"https://en.bitcoinsistemi.com/analyst-reveals-bitcoin-and-solana-sol-expectations-shared-levels-that-must-be-exceeded-for-bullish-confirmation/\">Analyst Reveals Bitcoin and Solana (SOL) Expectations! Shared Levels That Must Be Exceeded for Bullish Confirmation!\u003C/a>\u003C/p>","https://en.bitcoinsistemi.com/analyst-reveals-bitcoin-and-solana-sol-expectations-shared-levels-that-must-be-exceeded-for-bullish-confirmation/","https://www.bitcoinsistemi.com/wp-content/uploads/2024/09/Bitcoin-Solana.png","[\"Altcoin\",\"Analysis\",\"Bitcoin\",\"News\",\"Solana\"]","[\"Ethereum\",\"ETH\",\"Solana\",\"SOL\",\"SOL\",\"Bitcoin\",\"BTC\",\"BTC\",\"Market\",\"Reverse\"]","[{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/ETH.png\",\"name\":\"ETH\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/SOL.png\",\"name\":\"SOL\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/BTC.png\",\"name\":\"BTC\"},{\"name\":\"Market\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/market.png\"},{\"name\":\"Reverse\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/reverse.png\"}]","281",[],[],"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/bitcoin-sistemi.png","Bitcoin Sistemi",null,"","[\"Crypto\"]","0","EN","2"]