✴️ Solana Hits New High, What About Bitcoin?

1 พ.ย. 2023

When in doubt, look around!

Bitcoin has been consolidating with a strong bullish bent but I've been seeing multiple reports calling for lower prices... While short-term price swings are inevitable and normal, it is important to keep in mind that the bigger picture is up and Bitcoin as well as the Altcoins market has much more to give... Here is the proof.

Bitcoin and Solana have a positive correlation; what one does, the other follows.

This is true for Solana and Bitcoin since the start of 2023.

• Early January Solana produced an initial bullish breakout after a new major low, Bitcoin as well. ✅
  
• March 10 both Bitcoin and Solana hit a correction low. ✅
  
• June 10 both Bitcoin and Solana bounced off a new support level followed by a challenge of resistance. ✅
  
• September 12 Solana and Bitcoin, like clockwork, hit a small correction bottom and take off to produce a new bullish wave. ✅
  

✅ Bitcoin hits a new high but stays behind consolidating, Solana is now moving ahead...

Bitcoin is set to follow, just as we saw XRP move first a few months before (this helped us predict that Bitcoin too would soon follow).

If one grows, you can expect the rest to also grow... With some variations but SOLUSD is just one of the many signals that proof we are set to experience additional growth all across.

At one point it was Bitcoin Cash that was moving first, other times we find signals coming from smaller Altcoins (AGIX & FetchAI last year) but there is always a pair that shows clearly what is going on.

When a chart shows doubt, take the time to look around.

Namaste.