Bitcoin bull run peaks at $100,000, watch these 2 altcoins now for 100x gains!
In a recent analysis shared on X, well-known cryptocurrency analyst CryptoBullet1 outlined Bitcoin’s two-year outlook, predicting a significant price swing.
According to the analyst, Bitcoin is currently completing the fourth wave of the Elliott Wave cycle, which could lead to a significant rally into a potential bull run peak of $95,000 to $100,000.
The fifth wave is expected to push Bitcoin prices to the $95,000 to $100,000 range, coinciding with the 1.618 Fibonacci Extension level. This extension is a widely recognized indicator for identifying potential wave completions.
Toncoin (TON)
Toncoin (TON), backed by Telegram, has quickly become a leading L1 network. Its ecosystem currently has a total locked value (TVL) of over $576 million, with stablecoins worth approximately $619 million.
Toncoin’s DeFi projects have gained tremendous traction, achieving impressive adoption in less than a year.
One example is HashKey Group, a prominent Asian digital asset services company, which has formed a strategic partnership with Catizen, a gaming bot on the Toncoin network built via Telegram.
CFX
Conflux Network (CFX) is a high-speed, layer-one blockchain that uniquely combines proof-of-work consensus with proof-of-stake finality. It originated domestically and complies with local regulations, earning it the nickname “domestic Ethereum”. The network’s native CFX token has multiple uses, including as a store of value, governance token, and collateral asset to earn passive income.
Conflux recently announced a partnership with Presto, which aims to enhance the network’s staking capabilities and expand its market reach beyond Asia.
Due to Conflux’s historically strong market performance, it is expected that by the end of 2024, the CFX price may reach a minimum of $0.2780 and a maximum of $0.3427, with an average trading price of approximately $0.2893. However, Conflux's future potential depends on purchasing demand, domestic regulations and long-term investor sentiment.
