Now the year is ending and 2024 has brought good profits for cryptocurrency investors. BTC broke new records. Although we cannot talk about satisfactory returns for all altcoin investors, those who evaluated the bottoms of 2 years ago are generally satisfied. So what are the experts’ current predictions? BTC, CAT and cryptocurrencies What are the comments for?
Bitcoin and Crypto Predictions
Crypto What determines the overall performance of currencies? BTC status of the chart. Although BTC has attempted to exceed $99,000 in the last 24 hours, it still remains below this key threshold. Altcoins are worried about the risk of a new decline in BTC price.
Popular cryptocurrency analyst Carl pointed out 2 important levels in his latest market assessment;
“BTC formed this symmetrical triangle on the hourly timeframe!
Taurus – $100,700
Bear – $95,200”
Breaking should begin soon in either direction. Altcoin investors hope to regain six-digit price levels with an upward break.
Daan Crypto Trades says that evaluating the year will be the best job in these boring days. Many experts were saying that we might not see anything big in cryptocurrencies until January 2 due to the global holiday week.
“If you have some free time this last week of the year, it might be a good idea to review the trades and investments you made in the past year. This is easier if you’ve kept a journal or tracked your past transactions because it gives you much more insight into things you may have forgotten by now.
If you do this, you will be ready for 2025 and you will be able to improve on the mistakes you made and know what you did well. This way you can get the most out of it by improving your performance next year.”
CAT Coin Review
With the rise of ETH PEPE Coin expected to increase or BONK rise SOL Coin price may be associated with performance. CAT Coin is also an altcoin that can benefit from the rise of BNB Coin. The performance of popular assets on networks generally correlates with the mainnet token. The analyst nicknamed TraderSZ drew attention to this detail and shared the chart below.
According to him, the volatility in BNB Coin price is pushing CAT Coin upwards and soon the price may climb above $0.00006 and set its sights on larger targets.
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.
