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Bitcoin Set for 🚀 Parabolic Rally! Expert Analyst Updates Outlook on Solana and Ethereum Rival 😎

Bitcoin Set for 🚀 Parabolic Rally! Expert Analyst Updates Outlook on Solana and Ethereum Rival 😎

A Top Analyst Updates Forecasts for Bitcoin, Solana, and SEI

A popular crypto analyst and trader has revised his predictions for three digital assets: Bitcoin (BTC), Solana (SOL), and SEI. Here are the key points of his updated outlook:

Bitcoin (BTC)

The analyst believes that Bitcoin will experience a significant rally once it surpasses the resistance level of around $69,000. He notes that BTC has already seen a 14% pullback from its all-time high, and he expects the next attempt to push the price parabolic.

  • Bitcoin is currently trading at $67,106, up 14% from its seven-day low of $59,000.
  • The cryptocurrency briefly reached its all-time high of $69,000 before dropping to $59,000.

Solana (SOL)

The analyst predicts an upcoming upward impulse for Solana. According to his chart analysis of the SOL/USD pair, he suggests that Solana has completed four waves of a bullish pattern and could potentially reach $200. He also mentions that the SOL/BTC pair has completed a downward pattern and is likely to resume its main upward trend.

  • Solana is currently trading at $142.
  • SOL/BTC is trading at 0.00212200 BTC.

Sei (SEI)

The analyst highlights Sei as another asset with potential for a bullish move. He points out that SEI has shown a strong reversal at the 0.618 Fibonacci retracement level, indicating a possible upward trend.

  • Sei is currently trading at $0.809.

Hot Take: Crypto Analyst Updates Forecasts for Bitcoin, Solana, and SEI

In a recent update, a well-known crypto analyst has revised his predictions for Bitcoin, Solana, and SEI. Here’s what you need to know:

Bitcoin (BTC)

The analyst expects Bitcoin to rally significantly after breaking the resistance level of around $69,000. He believes that BTC is primed for a parabolic move and has already experienced a 14% pullback from its all-time high.

Solana (SOL)

According to the analyst’s chart analysis, Solana is poised for an upward impulse. He suggests that SOL has completed four waves of a bullish pattern on the daily chart and could potentially reach $200. Additionally, he notes that the SOL/BTC pair has completed a downward pattern and is likely to resume its main upward trend.

Sei (SEI)

The analyst identifies Sei as another asset with bullish potential. He highlights a strong reversal at the 0.618 Fibonacci retracement level, indicating a possible bullish move ahead for SEI.

Disclaimer: The information provided here does not constitute investment advice or financial advice. Always do your own research before making any investment decisions. Cryptocurrency investments are volatile and carry significant risk.

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Bitcoin Set for 🚀 Parabolic Rally! Expert Analyst Updates Outlook on Solana and Ethereum Rival 😎