Bitcoin (BTC) $96,525.2 price It is at $98,350 and altcoins are having a good day. So will this be permanent? Bullish expectations for the first quarter of 2025 were strong, and for now, the market is moving in line with expectations as we enter the first weekend of the year. Let’s examine the latest predictions and current comments of experts about cryptocurrencies.
Daan Crypto Trades
Today we will discuss the views of different experts on the markets. Altcoins reclaim significant price levels BTC He is heading towards the safe zone. If we start to see closes above $98,500, then the rise in altcoins may accelerate throughout the weekend.
The analyst, who advised not to take short-term movements too seriously, wrote the following;
“BTC Open Interest It has fallen a good amount since the peak. Funding rates have been reset, year-end holidays are behind us.
Next week will be the first full week of 2025 when I expect liquidity and volumes to return to the market. I expect an increase in the first quarter. “Don’t get too caught up in short-term movements.”
Roman Trading
Taking a look at the current situation on the four-hour chart, the analyst hopes for a reversal of the weakness in volume.
“There is still low volume in this rise and bear divs may form here with the closing of the last candle. If I stay here for a long time, I will make some profit.
“It looks like we will have to wait a little longer before the real upside occurs.”
Trader XO
The eyes and ears of altcoin investors ETH in the chart. ETH, the largest altcoin by market cap, is about to exceed $3,600 at the time of writing. The important thing here is to return to the ATH route with closings above the key levels of $ 3,980 and $ 4,100.
BTC What will deal a blow to market dominance will be the movement of altcoins that attract liquidity with the rise of ETH. The analyst shared the chart below and wrote:
“I stated my expectations in the previous tweet and in the live broadcast on the 22nd. As long as there is no retreat towards the gray zone, expectations will remain the same. “With the fourth touch of $4,000, we should now see higher levels.”
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.
