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Mainstream coin bull market peak analysis: Bitcoin could reach as high as $190,000, Ethereum $8,800.

BlockBeats news, October 2 — Crypto analyst alicharts, combining long-term K-line charts of mainstream crypto assets, predicted from a technical analysis perspective the tops of various mainstream coins in this bull cycle as follows:


Bitcoin's first target is the previous high of $125,000. If it breaks above this high, it may reach the upper boundary of the ascending channel — close to $190,000;


Ethereum's monthly chart shows an ascending channel it has followed over the past 5 years. The upper rail of the channel near $5,000 is a level to watch. If it breaks above this level, the projected move would point to $8,800;


SOL's monthly chart appears to be forming a cup-and-handle pattern, with the neckline around $295. If the monthly close breaks above this line, it would strengthen the bullish case, and the pattern's potential target is estimated at close to $2,744.

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