Cryptocurrency analyst il Capo of Crypto shared his latest thoughts about Bitcoin (BTC) and Solana (SOL) in his statement.
In the chart he shared, il Capo said that Solana first reached the $143 support point on the high timeframe chart and created a local bottom zone there.
According to the analyst, SOL then made a jump and managed to break the resistance point at $ 166 at the time of writing this article. According to the analyst, SOL price may start a journey towards $200 from here.
However, il Capo said that he continued to hold the long position he opened at the level of 133 dollars.
Turning to Bitcoin, the analyst said that the main scenario for the BTC price, which was around $ 69,000 at the time this article was written, was to first reach the level of $ 72,000 and then a correction towards $ 70,000.
In addition, he said that after the correction, a rise between $ 74,000 and $ 76,000 could occur in the main scenario.
Once one of the biggest bear analysts, il Capo is currently making bullish statements for both Bitcoin and altcoins.
*This is not investment advice.
