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