Bitcoin $99,128.5 price Although it exceeded 100 thousand dollars at the time of writing, it fell back to 99,700 dollars. It’s nice to linger at these levels. For further gains, BTC price must continue to close above $98,500. The current situation also paves the way for bigger peaks for altcoins. So what are the predictions for DOGE and BTC?
What Will Happen in Cryptocurrencies?
If you remember the beginning of 2024, we were going through times similar to today. The big thing today is the possibility of eliminating the sanctions that put pressure on the price with the crypto-friendly Trump taking office. There are already talks about things like reserving tokens of US-based crypto companies and stopping crypto cases other than fraud. And yes, that’s why XRP Coin is running to new records and now it is at $ 3.34.
Popular cryptocurrency analyst Dylan LeClair is among those who compare these days to the past year.
“I liken this situation to both the launch of spot ETFs and elections. You cannot price entries that occur before they occur.
How might allowing banks to store BTC (SAB 121) be priced? “This event has not happened yet.”
But what happens when we see altcoin ETFs approved one after another? When Trump issues executive orders supporting cryptocurrencies? XRP Coin And when crypto cases involving others are completed in one fell swoop? When the US starts taking concrete steps, under Trump’s orders, to create a national Bitcoin reserve? So what about while all this is happening? FTX When over $6 billion in cash returned to creditors turned into cryptocurrencies? What if the US and China enter into a race for more incentives as Russia enters into a competition to become the capital of crypto?
All of these are not-so-distant possibilities for the potential 2025 bull season.
DOGE and ETH
Mister Crypto almost returned to stablecoin etherHe put ‘on his agenda. The name sharing the chart below gives morale to altcoin investors. If he is right, ETH price will move towards $6,500 to reach the top of the channel.
Daan Crypto Trades is DOGE He shared the graphic below and wrote:
“DOGE has recaptured the important ~$0.35 price level.
In this second wave, $BTC held stronger than most coins where $ETH and others made new lows in this week’s wave, DOGE made a nice higher low and is trading back in its native range. I would like to see this move above $0.4 to break out to cycle highs once again.
The strongest in the current market are BTC and DOGE & Dino coins like XRP.”
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.
