Bitcoin Must Fall Before Buying Solana, Says Crypto Analyst

Crypto analyst VirtualBacon says that before investing in Solana, it's essential to understand where Bitcoin stands in its market cycle. He emphasizes that 'Altcoins do not lead the bull run, Bitcoin leads.' According to him, Bitcoin's most crucial support levels are its 200-week moving average around $62,000 and its Realized Price near $53,000.

If Bitcoin falls toward these levels, VirtualBacon believes the market will offer better long-term opportunities. He even states that 'If Bitcoin gets to $53K, I am all in that because that's extremely cheap in my analysis.'

VirtualBacon also stresses that buying Solana only makes sense if it can outperform Bitcoin. To determine this, investors must look at the SOL/BTC chart. During the last market drop in September 2025, Bitcoin fell 54% from its peak, while Solana dropped 76%. This means Solana typically falls about 1.4 times more than Bitcoin.

Based on this, if Bitcoin drops to around $53,500, Solana could fall to around $65 from its current price level. VirtualBacon says that this would make Solana reasonably priced and has the potential to outperform Bitcoin any day. However, he believes that buying Solana at $80 is not a good idea because it offers less room for profit.

He advises investors to wait for Solana to fall below $60, where it would offer a better chance to beat Bitcoin. VirtualBacon's strategy is to wait for Bitcoin to go to 53K, make a new low, and then wait for Solana to drop the 1.4x multiple on top of that, and then buy.