The last days of the year are not good for cryptocurrency investors, but BTC is over 90 thousand dollars. So we are in a pretty good position compared to the beginning of the year. So, what are the experts’ current predictions about the markets? What awaits investors in the coming days? One of the popular analysts compares these days to 2021.
2021 and 2024 Cryptocurrency Markets
in 2021 altcoins has reached exciting heights BTC had reached new all-time record levels. Then, the collapse began at the end of the year due to concerns about the Fed’s interest rate hikes. Altcoins did not move up continuously in 2021. It also saw intermediate corrections and gave the expected gain rates after the halving.
Jelle thinks that today and 2021 are similar. In fact, it also gives signals about the year 2025.
“Available altcoin price performance me Bitcoin $96,653.7It’s reminiscent of ‘s first major pullback of 2021. A lower top, some breakout around the lows – before the next rise. I’m pretty sure this will happen in a similar way. It will rise again soon.”
The chart above helps us understand the similarity.
Jelle argues that there is a similarity in the BTC chart below with the year 2023.
“Bitcoin it still looks incredibly similar to December 2023. I’m leaving some stinky bids under $89,000 just in case – but it looks like we’re in for a treat next year. To higher, much higher levels.”
SOL Coin and Cryptocurrencies
In the last chart shared by the analyst nicknamed Jelle today SOL Coin He drew attention to $210 for . SOL Coin, which was just under $190 at the time of writing, made one attempt in the last 24 hours, but it was not successful. BTC price It seems possible that SOL Coin will not exceed the key threshold for a while, as it has returned below 96 thousand dollars due to the negative opening of the US markets at the time of writing.
Kyle’s SOL Coin His stance is much more optimistic.
“Since December 2022, SOL has surpassed BTC and ETH in capital growth percentage.
It outperforms 389 out of 727 days, proving to be one of the fastest growing blockchain assets. Solana’s momentum is hard to ignore.”
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.
