An analysis suggests that it is difficult to predict a bottom for Bitcoin (BTC) until it secures $85,000 as a support level. According to The Daily Hodl, crypto analyst Cheds Trading recently stated on his YouTube channel, "While BTC appears to be breaking above the high of a W-shaped double bottom pattern during its rebound, resistance still remains. For the bottom to be confirmed, it must close above $85,000 on a weekly basis." He also presented a bearish view for "Solana (SOL), saying it has only rebounded to a resistance level within a downtrend," and predicted that "Ethereum (ETH) could see a significant correction if the $2,150 support level breaks."
