Almost all altcoins have reached their bottom, even lower than when BTC was at 6x, and even now when BTC is at 9x, a corresponding recovery is needed. The new year is a time for shopping, but it's shopping for altcoins #BTCDOM
We are nearing Ethereum's historical reversal. I have been waiting for this zone for a long time, and we are already here. Check this chart
Now, let's turn on the logic. Many financial institutions and banks did not buy that amount of Bitcoin at a low price, and now, looking at the reality, they realize that they will not miss such a chance with the number two cryptocurrency in the world. Calling Ethereum the number one cryptocurrency in the future and making irrefutable arguments about the more excellent technology of a larger ecosystem and others.
Therefore, based on this logic, we can see an unprecedented influx of money into Ethereum and the entire ecosystem will fly upwards, all L2 solutions and all those projects that came out in the last 2 years in the ecosystem of ethereum that have not shown any result and disappointed the cryptocurrency community. When the majority went into super-tech projects, memcoins performed. To a greater extent this ecosystem will be inflated by retail and small funds based on the logic above, large market participants will recruit and already accumulate the primary cryptocurrency of the ecosystem - ETH. This is why we can see the coveted 10k$ per coin in 2025. #ETHETFsApproved #Ethereum #ETH #Write2Earn #ChristmasMarketAnalysis
$XRP In my own opinion, the possibility of $BTC taking a dip down to 94.5-95K is to liquidate some Long positions (Or it could go up directly. There are a few large Short orders above). Then it could rise to 99K. I also hope it goes up so that everyone can recover their capital. Haven't lost much yet.
Rest assured that the peak of wave 5 (in wave 3 Elliott) of BTC will rise to 120-128k, and it could even reach 152k$ , coinciding with the time before and after Trump takes office. Check out the picture that Chang drew of Elliott and save it for 3 years later for comparison ☺️
After this peak of wave 3, the market will then drop to wave 4. When BTC enters wave 4, that will truly be the deep and unexpected decline that no trader can anticipate. The bottom of wave 4 will be in Q1/2025. Bitcoin will drop from 128k (or 152k) down to the range of 80k - 100k. In this wave 4 area, don’t be afraid; see it as an OPPORTUNITY to accumulate and hold for the long term.
Wave 5 will coincide with the most brilliant global economic cycle (2026 - 2027 - 2028). If BTC rises to Kịch Fibo, it could reach 300k$ by 2027 or 2028. This will also be the time when everyone has the most money in their pockets, the easiest time for investments, and the MOST DREAMS OF GETTING RICH. And that will be the time when the global MAKER MARKET crashes 😆 That will be the moment you... truly die. ☺️ THAT WILL BE THE TIME YOU END UP EMPTY-HANDED FOR REAL!!!