Predict how $MOVE and Fartcoin will go
Although Bitcoin is still above $98,000, it doesn't seem to have the momentum to rebound significantly. The Chinese New Year is coming soon, and everyone is busy celebrating the festival and not so concerned about the market, so it is still uncertain how cryptocurrencies such as MOVE, Fartcoin and Bitcoin will go in the future.
Let's talk about MOVE and Fartcoin. Cryptocurrencies are rising in price overall, but the major altcoins are not rising significantly. Because there are fewer people buying and selling during the holidays, those who think that there will be a big rise at the end of the year may be disappointed. Although Bitcoin can hold above $98,500, the price fluctuations are not large, and there is no big news to stimulate it.
The previous decision made by the Federal Reserve has little impact now, but political changes in January may make the market lively again. As for Fartcoin, some people say it will rise sharply, possibly exceeding $1.4. If it falls to $0.79, it will be a good time to buy.
When will altcoins rise? This depends on the face of Bitcoin. Whether the price of Bitcoin is stable or not is directly related to the performance of altcoins. Altcoin Sherpa said that as long as the price of Bitcoin does not jump too much, altcoins may rise. But if the price of Bitcoin is unstable, altcoins will have a hard time.
Bitcoin has to break through $108,000 to create a new record. If the price of Bitcoin can be stabilized, altcoins will benefit from it. Traders must always pay attention to the price of Bitcoin because it has a great impact on altcoins.
In general, the market is slowly getting better, but the future of altcoins is still unknown, and it depends largely on how Bitcoin goes. Traders still have to be cautious and pay more attention to market dynamics.
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