Chris Burniske, partner at venture capital firm Placeholder, has revealed some new price targets for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) in his most recent social media post.
The prominent cryptocurrency analyst believes that BTC will top top around $142,690.
At the same time, he is convinced that ETH and SOL will reach $6,900 and $420, respectively.
Approaching a new record high
Bitcoin, the leading cryptocurrency by market capitalization, is zeroing in on a new record high after $123,
The leading cryptocurrency reached its previous peak of $123,236 in mid-July.
Since hitting the abovementioned peak, Bitcoin suffered a 9.5% correction, dropping to a local low $111,919 on Aug. 3.
Ethereum’s big week
Meanwhile, Ethereum is having another stunning week, recently surpassing the $4,700 level. ETH is now just 3% away from reaching a new record peak for the first time since November 2021.
Solana’s stunning overperformance
Meanwhile, Solana (SOL) is vastly outperforming both Bitcoin and Ethereum. Over the past 24 hours, the token has surged by another 5%, surpassing the pivotal $200 level.
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