We have seen unimaginable great things happen in cryptocurrencies this cycle. Bitcoin, which has been denigrated for years as the currency of the Deep Web 
$73,968 and cryptocurrencies are now in the reserves of institutional investors. Bitcoin and Ethereum 
$2,622 Their ETFs are traded on US exchanges. For the first time in history, a crypto fanatic US President won the elections. What more could it be?
A Historical Moment in Cryptocurrencies
cryptocurrency Many big, beautiful developments that could happen in the markets have become reality. If Trump keeps his word, we will see much more. Regulators will remove legal pressure as the Justice Department stops pressuring markets with crypto sales. The SEC will be led by a crypto-friendly chairman.
Investors really need to ask the question of what more could happen for cryptocurrencies. Just as the ETF approval was a major turning point, Trump’s election was also a major development. We mentioned on Sunday that this week would be historic. Investors who follow Fed interest rate cuts and PMI data will perhaps see Bitcoin added to the Fed’s balance sheet next year.
Experts’ Predictions
cryptocurrency analyst Crypto Fella wrote in his latest market assessment that he expects further rises towards the end of the year. The analyst, who does not attach much importance to the last rally, does not think that the real big movement has started yet. At the time of writing, Bitcoin price is above the previous ATH level at $74,000.
Crypto Bullet shared the chart below and wrote:
“Third weekly close above the resistance line.
Do I care about that wick? I don’t really care. New records are coming.”
“We trust Elon Musk,” said Peter Brandt. dogecoin 
$0.199245 (DOGEThe analyst who wrote that the channel break for ) will pave the way for a new ATH journey is quite assertive. If the expected scenario comes true, DOGE can reach the $1 target this time. The meme coin king, who came closer to this goal than ever before during the SNL Show event in 2021, now seems to have found his opportunity while Trump and Musk are hand in hand.
A strong bullish sentiment prevails in the markets. Crypto Although it is always full of surprises, the general trend is expected to remain upward, except for speculative declines. It wouldn’t be surprising to see some altcoins releasing major announcements looking for positive divergence in the coming hours. Volatility will increase further.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
