Dylan's Trading Show: Bitcoin (BTC) Targets $70,000, Solana (SOL) Ecosystem Tokens Show Bullish Potential

On Crypto Banter's Dylan's Trading Show, the analyst said that the next target for Bitcoin is $70,000, especially if positive news emerges from the BTC conference.

A renowned crypto analyst has shared his upbeat analysis for Bitcoin, several Solana tokens, and AAVE, predicting a potential BTC rally to $70,000 and highlighting key levels for JUP, JTO, WIF, and AAVE.

In his appearance on Crypto Banter's Dylan's Trading Show, the analyst shared his trading outlook, focusing on Bitcoin and several tokens within the Solana ecosystem. Here's a summary of his analysis:

When discussing his next crypto trades, the analyst mentioned considering tokens like Jupiter (JUP), Crema (CRE), and WIF. He also mentioned keeping an eye on meme coins within the Solana ecosystem, as they tend to amplify gains when solana is surging.

Jupiter is on his radar due to its recent bullish trend and strong performance. The analyst observed a trend break and a W formation, indicating potential for bigger moves. Key support levels to watch for JUP are $0.96 and $0.99, with a potential target at $1.17.

Another token mentioned in the Solana ecosystem is JTO, especially after its recent relaunch and re-staking mechanism, which has been known to 'rek bags' in the past. The analyst highlighted the 50-day moving average as crucial support, and if it breaks the 200-day moving average, it could be bullish.

Among Solana meme coins, WIF is showing bullish potential, according to the analyst. He mentioned support at $2.25 and potential scalp zones at $2.44 and $2.52. Watching these areas for bounces could help traders capitalize on bullish movements.

Moving on to AAVE, the analyst noted recent bullish news and changes in their staking mechanism, which have contributed to a price surge. He mentioned key support at $99.6 and upside targets at $105 and $111.

Finally, for Injective Protocol (INJ), the analyst observed that it's facing resistance, but there's potential for growth if BTC pushes towards $70,000. He advised watching for bullish pullbacks and maintaining a balance between taking profits and holding for potential further gains.

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