Solana vs Bitcoin Chart alludes to the explosive escape from soil prices to $ 300


Main to remember::

  • Gold / BTC / BTC gold / btc past preceding rallies of 1,000% in the ground / USD pair.

  • The Alts-Season backdrop and nearly $ 3 billion in new treasure-tresor Boost’s Upsy Upsy.

Solana (GROUND) flashes a rare golden cross against bitcoin (BTC), a configuration that has historically fueled parabolic gatherings in terms of US BTC and dollar.

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The previous Golden Sol Cruises preceded 1,000% gains

Thursday, the simple single mobile average of 50 days of ground / BTC (SMA of 50 days; The Red Wave) was on the right track to climb over the 200-day SMA (The Blue Wave), confirming a golden cross model.

“We saw this piece before … 2021, 2023, and we reappear on 2025″, ” said The analyst directed Neuner, and that the configuration “shouts [for] A major movement in soil. “”

Sol / BTC Daily Price That. Source: Ran Neuner

At the beginning of 2021, the first Golden Cross of Sol / BTC fueled an escape of approximately 1,900% against Bitcoin. The second cross in mid-2023 produced a similar result.

In addition, the rise in ground / BTC coincided with the main rallies in the soil / USD pair. For example, Solana won 1,890% compared to the US dollar, from $ 13 to more than $ 260, after the confirmation of the Golden Cross of Sol / BTC in 2021.

SOL / USDT DAILY PRICE THAT. Source: tradingView

Solana won more than 1,000%, bouncing around $ 20 to more than $ 250, after the second gold / BTC gold cross in 2023.

These soil / USD and Sol / BTC races have already coincided with wider “Altsseasons“, When the capital turns bitcoin in high beta tokens.

In 2021, Solana’s rupture occurred during December This raised the entire Altcoin market. In 2023, the move followed a similar script Post-FTX recovery liquidity sunk in altcoins.

This year, the backdrop also seems favorable. Ether (Ethn) has already Outperformed bitcoin In recent months, often considered an early sign of force in Alts-season.

Source: Bitbull

At the same time, Historical Bitcoin in two fractals Suggest the expansion of liquidity and the rotation of capital generally accelerates more than a year after the reduction by half, a model which could again prepare the ground for a major Solana rally.

The Solana megaphone model refers to $ 300

Solana (soil) is negotiated in a widening breast or a megaphone motive, the higher trend line aligning Near the area from $ 295 to $ 300 As the next major resistance by October.

SOL / USDT Weekly price that. Source: tradingView

The configuration comes while Sol / USD keeps comfortably above its EMA of 50 weeks and 200 weeks, while the weekly RSI remains optimistic at 61, which suggests upward momentum.

Fibonacci’s retrace levels also reinforce the $ 295 area as a critical escape point.

Basically, Solana’s prospects are supported by the news of the growing demand for business treasury bills.

This week, Galaxy Digital, Jump Crypto and Multicoin Capital has revealed plans to collect more than a billion dollars For a Solana treasure fund supported by the Solana Foundation.

The technology of sharp objects has also been committed $ 400 million at its Solana reservesWhile Pantera Capital continues a solana -oriented vehicle of $ 1.25 billion.

In relation: Solana needs three catalysts to push soil beyond $ 200 to $ 250

Together, these movements represent nearly $ 3 billion in new potential demand for institutional portfolios. This could still stimulate the soil potential reaching $ 300 in the coming weeks.

This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.