Experts Predict Key Price Levels for $SOL and $BTC - CoinTurk Analytics

Irma - Oct 6 - - Dev Community

Bitcoin is currently trading at $62,792, struggling to maintain its position above the $62,000 mark. The trading volumes have decreased significantly, and important economic signals are expected in the coming days. This article highlights price predictions for Solana (SOL) at $146 and insights into Bitcoin’s future movements.

Crypto analyst Carl pointed out two critical levels for Solana: a resistance level at $159.5 and a support level at $127. Analysts expect SOL to move toward these targets based on Bitcoin's performance. If SOL falls below $122, the next targets could be $118 and $111, while upward movements could see targets at $188 and $210.

Market analyst Marco Johanning suggests that Bitcoin may drop to $59,232, with potential upward targets at $64,000 and $67,000. Daan Crypto Trades notes that the weekend's calm is reasonable and highlights the CME gap, which may bring Bitcoin back to around $62,400. The week’s key event will be the Fed minutes released on Wednesday, marking the first interest rate cut, which could influence investor sentiment.

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