Degen

InvestAnswers, a renowned cryptocurrency analyst, told his 563,000 YouTube subscribers that Bitcoin (BTC) and Solana (SOL) are in a “classic bear trap.”

He says he is 95% confident that the market is still bullish and advises investors not to exit the market at this point. The analyst notes that Bitcoin has formed a double bottom pattern, which is a positive sign.

As for Solana, he believes that the currency is currently significantly undervalued and, according to his mathematical model, if Solana were to be valued like Bitcoin, its market cap could reach a whopping $24 trillion, 12 times more than Bitcoin.