Real Vision macro expert Julien Bittel has a unique perspective on the future of Bitcoin. According to Bittel, Bitcoin is currently in a “boring” phase but is expected to enter a “banana” rally soon. Bittel explains that this rally typically occurs after halving events, which reduce miners’ rewards by half. He describes the price action around halving events as a pump followed by a correction, sideways trading, a dump to eliminate bullish sentiment, more sideways trading, and eventually, a rise in prices. Bittel advises patience, stating that the boring phase is just the precursor to the exciting banana zone.

Bittel’s chart analysis suggests that Bitcoin could reach $240,000 by May 2025. As of now, Bitcoin is trading at $64,876, showing a slight increase in the last 24 hours.

Moving on to Real Vision CEO Raoul Pal, he shares his thoughts on Solana, a competitor to Ethereum. Pal suggests that Solana may have reached a market bottom, making it a good entry zone for investors looking to add to their SOL position. Pal playfully mentions that the bananas are slowly ripening and will be magnificent in the autumn.

Pal’s analysis of Solana’s yearly chart indicates that the cryptocurrency is forming a bullish converging trendline pattern. Currently, Solana is trading at $136, with a more than 2% increase in the last 24 hours.

In conclusion, both Bittel and Pal provide their insights into the potential future of Bitcoin and Solana, respectively. However, readers are reminded to conduct their own research and exercise caution when investing in high-risk assets like cryptocurrencies. The opinions expressed in this article are not investment advice, and any losses incurred are the responsibility of the investor. The Daily Hodl does not endorse the buying or selling of cryptocurrencies and is not an investment advisor.