January has begun and in the first days of the year BTC performs relatively well. Moreover, as time progresses, we are heading towards the days when Trump will take office. On January 20, Trump will officially take the presidency and we will hear good things about cryptocurrencies in the White House. So how many dollars can POPCAT Coin be? What level should BTC maintain for altcoins to rise?
POPCAT Coin Price Targets
It has been one of the popular altcoins of recent months and has experienced a rapid decline after offering significant gains to its investors. Highly influenced by BTC’s boring moves POPCAT Coin It seems like it found the bottom level and started to come back from there.
The analyst nicknamed TraderSZ shared the chart below and marked possible price targets for the popular altcoin. Here the comeback begins and BTC Considering that the price remains relatively strong, there may be significant profit opportunities.
POPCAT Coin It is on the verge of $0.9 and the next stop will be $1.13. Then, when the $ 1.36 threshold is exceeded, it may return to the psychological resistance of $ 2 again.
Altcoins and BTC
Bitcoin (BTC) 
$96,525.2 If there is an excessive increase, altcoins will be negatively affected by this pressure. For example, although BTC is over $90,000, many cryptocurrencies are not at the levels they were in the days (2021) when BTC was $69,000. Some are even far from the price levels of the days when BTC hit $45,000.
The analyst nicknamed Altcoin Sherpa says that the chart below should be watched for the rise in cryptocurrencies in general, that is, the altcoin season.
“I think that’s still true. “I think the environment needed for altcoins has been created.”
Ali Charts shared the 4 charts below and wrote:
“BTC remains at a critical point. This could be a retest of the 50-day MA before a potential decline. “A sustained close above the 50-day MA is required to signal the end of the correction and confirm bullish momentum.”
BTC remains above $97,000 for now, which is a good level considering the daily high is $97,839. Moreover, after the US market opening BTC remains relatively strong. Altcoins have turned significantly green.
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.
