SOL/BTC likely drags down the entire crypto market
- almost a year long consolidation that has broken to the downside
- with SOL/USD losing range highs (comments) it is very likely Solana has much further to fall and could take the entire crypto market with it
- Bitcoin target sub 90k, Solana to fall below 150$
- with SOL/USD losing range highs (comments) it is very likely Solana has much further to fall and could take the entire crypto market with it
- Bitcoin target sub 90k, Solana to fall below 150$
Trade active
Re-acceptance into the previous macro range tends to be a very bearish signal.
Trade closed: target reached
Bitcoin dominance dropping massively and might be in the process of confirming a lower high and an official trend reversal. In such a case it is possible that SOL/BTC manages to save itself.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.