Analysts are pointing to a powerful bullish setup on the monthly charts for both Bitcoin (BTC) and Solana (SOL): the classic "cup and handle" pattern. If these formations confirm, they suggest massive upside in the coming months.
📈 Bitcoin: The Road to $230K
Bitcoin has completed the “cup” and is breaking out of the “handle” portion of the pattern.
Based on the measured move technique—which adds the cup depth to the breakout point—the target swings around $230,000, more than double BTC’s current ~$109K price .
From here, BTC still has approximately 115% of upside to reach that goal .
🚀 Solana: A Potential 2,800% Rally
Solana is also crafting a cup-and-handle shape but hasn’t yet broken above the handle’s resistance .
If SOL breaks out, analysts predict a price target near $4,390, roughly a 2,800–3,000% gain from its ~$150 price .
What is a Cup‑and‑Handle Pattern?
This technical formation features a rounded bottom (“cup”) followed by a smaller consolidation (“handle”), before a breakout to new highs. It’s widely viewed as a strong bullish signal, particularly on monthly charts .
Considerations & Caveats
Bitcoin dominance remains elevated (above 65% of total crypto market cap), which could stifle altcoins like SOL .
Historically, short-term altcoin rallies often coincide with BTC dominance peaking near 70%, although analysts like Rekt Capital suggest altseason could begin even without that threshold .
As with all chart-based projections, these price targets are speculative: markets may not follow textbook patterns, and external factors can shift sentiment swiftly.
🧭 Final Thoughts
The cup-and-handle pattern on both Bitcoin and Solana suggests the potential for parabolic moves: +115% for BTC and an eye-watering +2,800% for SOL. While the setup is bullish, traders should be mindful of market dominance trends and the inherent volatility of crypto assets.
Investors may want to closely monitor for a confirmed SOL breakout above its handle and remain cautious, using stop-loss orders and position sizing to manage risk.
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