A well-known crypto analyst believes that Solana (SOL) could bounce back from its recent 45% drop and rally to over $200.
Analyst’s Predictions
According to the analyst, known as Inmortal, SOL’s current dip could be a “lifetime opportunity” for investors. He predicts that SOL will erase most of its losses and rally above $200.
Bitcoin’s Outlook
Inmortal also commented on Bitcoin (BTC), stating that it may have already bottomed out near $60,000. He believes that BTC could drop further if it revisits $60,000, but emphasizes that this is just his opinion.
Market Correction
Inmortal described the recent market correction as relatively mild and believes that Bitcoin will eventually enter a new phase of euphoria.
Disclaimer
The analyst’s opinions are not investment advice, and investors should conduct their own research before making any decisions.