Peak Forecast for Major Cryptocurrencies in This Bull Market: Bitcoin Could Rally to $190,000, Ethereum to $8,800
41 minutes ago
Crypto analyst alicharts, using long-term K-line charts of major crypto assets, predicts the tops of leading cryptocurrencies in this bull run from a technical analysis perspective as follows: Bitcoin’s first target is its previous high of $125,000; if it breaks through this level, it may test the upper boundary of its ascending channel, near $190,000. Ethereum’s monthly chart shows it has followed an ascending channel over the past five years, with the channel’s upper rail near $5,000 as a key level to watch. A break above this level is expected to push ETH toward $8,800. Solana’s monthly chart appears to be forming a cup-and-handle pattern, with its neckline around $295. A monthly close above this neckline would strengthen the bullish case, and the pattern’s projected potential target is near $2,744.
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