The last days of the year are challenging for cryptocurrency investors, yet BTC ($103,653.00) remains above $90,000. This signifies a strong position compared to the start of the year. What are the current forecasts from experts regarding the markets? What can investors expect in the upcoming days? A notable analyst draws a parallel between these times and 2021.
Comparing 2021 and 2024 Cryptocurrency Markets
In 2021, altcoins reached exciting peaks while BTC hit all-time highs. However, concerns over the Fed’s interest rate hikes led to a downturn by the year’s end. Altcoins did not consistently rise in 2021; they experienced corrective phases and delivered anticipated gains post-halving.
Jelle believes the current situation mirrors that of 2021 and hints at signals leading into 2025.
“The current performance of altcoin prices reminds me of Bitcoin 
$95,487’s first major pullback in 20...
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