Bitcoin’s Uncertain Future: Expert Trader’s Insight on Solana (SOL) and Ethena (ETH) Pathways

• A popular crypto analyst, Altcoin Sherpa, has warned that Bitcoin (BTC) may not have finished its correction phase yet.
• He advises his 215,800 followers that only when Bitcoin reclaims the $60,000 level will he be confident of a bullish reversal.
• Altcoin Sherpa also predicts potential corrections for Ethereum (ETH) competitor Solana (SOL) and the governance token of the decentralized finance protocol Ethena (ENA).

Renowned crypto analyst, Altcoin Sherpa, predicts further corrections for Bitcoin, Solana, and Ethena, advising investors to wait for Bitcoin to reclaim the $60,000 level before considering a bullish reversal.

Bitcoin’s Correction Phase Not Over Yet

Altcoin Sherpa, a pseudonymous analyst with a substantial following on social media platform X, has cautioned that Bitcoin may not have finished correcting. He stated that he would only have more confidence in a bullish reversal once Bitcoin reclaims the $60,000 level. He also warned against going all in at the current levels, advising to wait for Bitcoin to show more strength first.

Similarities with Previous Corrections

The analyst drew parallels between Bitcoin’s sudden drop below $58... Read the full article for FREE at COINOTAG!