The host of Coin Bureau, Guy Turner, tells his two million followers on YouTube that SOL might be on a potential 35% – 45% breakout above the $300 mark.
Turner’s bullish outlook is based on promising weekly and monthly charts throughout the beginning of 2024. According to him, SOL is looking “incredibly bullish” on both timeframes, facing stiff resistance at the $300 mark.
Can SOL Reach $300 After the Bitcoin Halving?
The analyst paired SOL against Bitcoin to showcase an even more bullish chart, given that BTC pairs demonstrate an altcoin’s strength.
Moreover, Turner highlighted that the Bitcoin halving is nearing, and the market expects that this event will catapult BTC to new heights.
“Given that Bitcoin’s halving is just around the corner, it’s likely that BTC’s price will rally. That means a 35 to 45% gain in SOL versus BTC would bring it above the $300 milestone.”
Turner emphasized that SOL’s price will be heavily influenced by the development of four upcomin
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