USA today inflation With the data, a rapid rise in cryptocurrencies began. altcoin Investors are happy that the wounds are starting to heal. So how long will this continue? There are so many events ahead of us, and the surprise-filled nature of cryptocurrencies is exciting. So what do the experts think?
Will Cryptocurrencies Rise?
Although it rose to $99,799 today BTC We have had many stories where price erased quick gains. Altcoin Sherpa says in his assessment today that we are approaching the tipping point and we need to be more careful. It may be too early to relax yet. The person who shared the graphic below wrote:
“$100 thousand is the key level for BTC; Here you will mostly be cautious. We will either surpass this level or retreat slightly to $96,000 around the 200 4-hour ema.
Watch for a bit of a curse for a false breakout to 101,000 and then lower. “Short-term time frames are important here.”
Rover, on the other hand, talked about the tendency of historical data to rhyme, if not completely repeat, in his evaluation today.
Altcoins 2025
In his latest market review, Yoddha talked about his bullish expectations for altcoins this year. last year altcoins We did not see a major upward movement across the board. However, if we compare it with 2021 and previous bull markets, the expected peaks may be reached before the end of this year.
“altcoins It will rise a lot this year. TOTAL2 hasn’t even surpassed its all-time record high yet, and bears are already screaming that the bull market is over. “This is still an upward phase and the trend has not started to decline.”
XRP Coin Although giants such as have reached peaks that they have not reached for years, this is not the case for altcoins in general. Both the strengthening competitive environment and the huge increase in the number of cryptocurrencies altcoins It makes the job even more complicated.
Meanwhile, contrary to today’s market rally, Fed members are not saying the latest CPI data is great. Although it may cause a slight pullback in the BTC price, we can expect the Trump factor to motivate buyers as we approach the weekend. BTC, on the other hand, should continue to protect $98,500.
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.
