Bitcoin (BTC) firebrand Max Keizer believes Ethereum (ETH) rival Solana (SOL) is ready for a collapse.
Honest cryptocurrency expert predict SOL is crash It goes down to $20, a drop of more than 80% from the current price.
“SOL shitcoin addicts will do the following:
1. 100% loss of purchasing power compared to Bitcoin
2. Pull the rug (a few times)
3. ‘Time’ the market with a series of losing trades that add up to a net loss.
Children, we will pray for you.”
Keizer and his wife Stacy Herbert both serve as senior advisors to El Salvador’s National Bitcoin Secretariat.
Earlier this week, an anonymous trader known as Altcoin Sherpa predicted that SOL could soon fall to prices between $84.50 and $71.67, the Fibonacci retracement level.
“SOL: In theory, this will probably go up given all the liquidity collected. That said, I think we still need some time to cool off on this issue. I wouldn’t be surprised if this goes back down to $70 or $80.”
The fifth-largest cryptocurrency asset by market capitalization is trading at $101 at the time of this writing.
Other traders are predicting that Solana will continue its upward trend. An anonymous analyst known as Bluntz said earlier this week that SOL appears to be forming a bullish reversal pattern on the 1-hour chart.
He predicted that SOL would consolidate briefly before embarking on a parabolic rally.
Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox
Check Price Action
follow us TwitterFacebook, Telegram
Daily Hodl Mix Surfing
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.
Image created by: Midjourney