Top Crypto Analyst Warns of More Downside for Ethereum Rival Solana (SOL), Updates Forecast for Bitcoin (BTC)
— Bitcoin, Daily, Ethereum, Updates, Forecast, Hodl, Rival, Warns, Solana, Downside — 1 min read
Solana (SOL) has broken down from its diagonal support after upside fakeout and now appears headed to lower levels. At time of writing, Solana is changing hands for $34.14, down 3.44% in the last 24 hours. Bitcoin's near-term price action is still largely influenced by the S&P 500, says Justin Bennett. Bennett says a move to 3,400 puts BTC at risk of another significant correction. A 30% haircut would price Bitcoin around $14,000. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, and is not an investment advisor. Investors should do their due diligence before making any high-risk investments in Bitcoin, digital assets. Source