October Bull Case: BTC $142k, ETH $7k, SOL $420 — Watch Rotation
I read Placeholder cofounder Chris Burniske’s thread predicting an October peak with Bitcoin around $142,690, Ethereum $6,900–$8,000 and Solana near $420. He bases this on implied ETH/BTC and SOL/BTC ratios and on observable capital rotation from BTC into higher-beta altcoins.
I find the targets aggressive but coherent as a scenario: if momentum accelerates through Aug–Sep, breadth into altcoins could drive outsized gains and validate those ratios. Conversely, a sharp pullback would likely extend the bull and punish lower-liquidity names first.
This is a time-boxed, high-conviction forecast with clear risk; it’s useful as a roadmap for scenarios rather than a precise forecast to trade without confirmation.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.