Bitcoin reclaims its $100,000 price targets and continues to climb.
Ethereum (ETH) shows bullish signals indicating major pump soon.
Analyst expects ETH price to hit $5,700 as next ATH target.
In a stunning display of strength Bitcoin refuses to give up dominance at the start of this New Year. A week into 2025, and BTC price reclaims its 6-digit value and surpasses the $100,000 price mark. Presently, the pioneer crypto asset stands at $101,700 after dipping slightly from the $102,000 price mark.
Bitcoin Reclaims $100,000 Price Range
This is indeed a bullish sign for those analysts who expect BTC price to continue to rally until it reclaims its previous ATH price in the $108,000 price range and then pump to much higher targets in the coming months ahead. These targets for BTC price in particular range from $113,000 to $116,000 and go as high as $235,000.
Meanwhile, expectations for altseason to arrive this Q1 of 2025 remains just as bullish despite BTC Dominance steadily recovering. Historically, the peak phase of altseason has occurred in Q1 of the year following a Bitcoin Halving year. If history is to repeat itself, then altcoins will soon make an explosive rally.
Next Ethereum ATH Target Set at $5,700
In the eyes of most analysts, this altcoin pump will likely be led by the pioneer altcoin Ethereum (ETH). In particular, ETH has yet to set a new ATH this bull cycle, a feat that other popular altcoins have already set like SUI and ONDO. Thus, analysts believe that once ETH price rallies, other altcoins will pump immediately.
https://twitter.com/Washigorira/status/1876269217919746455
As we can see from the post above, this analyst sets the next ATH target for ETH at $5,700. He syas this is an intermediate target for ETH expecting much higher targets to follow after. He also highlights how ETH is showing major strength on the weekly chart and says the pump to $5,700 will come soon after ETH breaks $4,000.
The post Bitcoin Reclaims $100,000 Range Targets as Analysts Highlight $5,700 as Next ETH ATH Target appeared first on Crypto News Land.
