Renowned cryptocurrency analyst Inmortal has shared his optimistic views on the potential price movements of Bitcoin and two leading altcoins, Chainlink and Ethereum. Despite recent market downturns, Bitcoin is expected to maintain its upside potential, while Chainlink and Ethereum are predicted to make strong breakouts.

Inmortal's analysis highlights Bitcoin's historical market cycles, supporting his bullish outlook. He believes the largest cryptocurrency has significant room for growth, with the potential for a rising trend lasting days. This comes as Bitcoin trades at $62,868, up 1.95% in the last 24 hours.

Chainlink is seen as a project on the cusp of a potential breakout, with Inmortal noting its consolidation phase and quick rally patterns. Currently trading at $14.27, up 1.57% in the last 24 hours, Chainlink is poised for a strong move. Meanwhile, Ethereum competitor Solana is expected to experience a significant rally wave after a short-term decline, with Inmortal predicting a drop trap in the $120 range before exceeding $230.

Overall, Inmortal's analysis suggests a bright future for Bitcoin and top altcoins, with potential breakouts and rallies on the horizon.