Market Analysts Share Insights on the Current Crypto Boom

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Coin-Turk 10 months ago 280

Bitcoin (BTC ($101,515.00)) $98,391 price stands at $98,350, with altcoins enjoying a significant rally. The question remains: will this trend persist? Expectations for Q1 2025 remain optimistic, and as we enter the year’s first weekend, the market is aligning with these predictions. Let’s delve into the latest forecasts and insights from various experts regarding cryptocurrencies.

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Today, we will examine the views of different experts on the markets. While altcoins are reclaiming significant price levels, BTC is moving towards safer territory. If we begin to see daily closes above $98,500, the upward momentum in altcoins may accelerate throughout the weekend.

An analyst advised not to take short-term movements too seriously, stating:

BTC Open Interest has significantly dropped since its peak. Funding rates are ...



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