Many people are unsure of which direction the market will go.
I explain the current market situation and share my forecasts.
Let's start from the basics.
Current market situation.
The upward wave that has started will not end anytime soon.
At least we haven't seen a proper altcoin season this cycle.
Bitcoin dominance.
Dead altcoins like $XRP, $SUI, and $ARB are up 300%-400%.
But other altcoins showed a shameful growth of 20%-30%.
Now Bitcoin's dominance is back in decline again.
Altcoins are expected to rise
But this growth will be slow, ending at a dominance point of 52%.
Let's focus on 2025.
The first thing I want to talk about is Trump and the Republicans.
With them now at the helm, the cryptocurrency sector in the US is set to see rapid development.
Since most institutions consider Bitcoin to be digital gold,
And that major companies and countries are forming separate reserves of it.
They will certainly try to maintain and increase its value.
For example, the United States currently holds about 200,000 bitcoins, worth over $20 billion.
Trump plans to increase this number to 500,000 bitcoins during his presidency.
The largest independent company currently holding Bitcoin is MicroStrategy.
They own 400,000 bitcoins, worth over $40 billion.
Most of the top influencers in the field expect the price of Bitcoin to reach $200-500k by the end of 2025.👀
This figure can be achieved not only through the interest of institutions.
But also through high ETF inflows.
Which is expected to exceed in 2025 compared to 2024.
If all goes as planned, realistic prices should be as follows:
$BTC — 200,000$
$ETH — 7,000$
$SOL — 750$
But these numbers are unlikely to be achieved anytime soon.
Especially if SOL's ETF is approved.
Finally ✔️
Don't enter into currencies randomly.
End of Q1 - Q2 Many new and better opportunities may come to enter.
Keep searching and studying.👌
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