Top Analyst Inmortal Draws Paths For Bitcoin (BTC) And Solana (SOL)

A popular crypto analyst, known as Inmortal, draws his projected path for Bitcoin (BTC) and Solana (SOL) for the rest of the year 2022.

Bitcoin (BTC)

The analyst shared with his 179.6K followers on Twitter followers that he believes that Bitcoin will trade within wide range for the next six months.

“You will be bored to death the rest of the year.

Revisit $25,000-$27,000 to make people panic sell.
Revisit $38,000 to make people FOMO buy.

This is how they steal your precious coins.”

You will be bored to dead the rest of the year.

Revisit 25-27k to make people panic sell.
Revisit 38k to make people fomo buy.

This is how they steal your precious coins.#Bitcoin pic.twitter.com/XvBxCrSLro

— Inmortal (@inmortalcrypto) June 2, 2022

Looking into the leading digital asset in shorter term, Inmortal sees Bitcoin to rally toward its immediate resistance at $32,500.

3 2 5 0 0$BTC pic.twitter.com/Rkj3g3rOpY

— Inmortal (@inmortalcrypto) June 6, 2022

At time of writing, BTC trades at $30,096.

Solana (SOL)

Inmortal also looked into Solana which looks very similar to Ethereum‘s market structure between July 2017 to January 2021. Back then ETH hit its previous cycle high of $1,400 dropping 95% and found a bottom at around $70.

$ETH vs $SOL pic.twitter.com/nswt86VgXo

— Inmortal (@inmortalcrypto) June 4, 2022

According to Inmortal’s chart above, SOL could bottom out at $20 by the end of this year before starting a new bull cycle. The analyst also believes that SOL is at a good entry range at the moment.

“I’m buying more SOL here.

After a -86% from all-time high, for me, it’s a lifetime opportunity.”

I'm buying more $SOL here.

After a -86% from ATH, for me, it's a lifetime opportunity. pic.twitter.com/GNlWch5cDg

— Inmortal (@inmortalcrypto) June 6, 2022

At the time of writing SOL trades at $39.97.