Your enthusiasm for cryptocurrency is clear! You're optimistic about Bitcoin and altcoins surpassing current prices. Some people share your sentiment, while others approach predictions cautiously due to market volatility.

This is the current information on cryptocurrency market as of today.

Here are some bearish indicators for cryptocurrency.

Market Sentiment:

The Crypto Fear and Greed Index, which measures market sentiment, can indicate potential buying or selling opportunities. Currently, the index ranges from 0 to 100, with extreme fear (0-24) potentially signaling a buying opportunity and extreme greed (75-100) indicating a potential market correction.

Bitcoin Price Volatility:

Bitcoin's price has been volatile, with recent prices hovering around $97,000. This volatility can be attributed to various factors, including market sentiment, regulatory pressures, and global economic trends.

Altcoin Performance:

Lagging altcoin performance signals a cooling risk appetite, which can be a bearish indicator for the broader cryptocurrency market.

Market Trends:

The S&P 500 and Nasdaq 100 have seen declines, with the S&P 500 dropping 0.75% and the Nasdaq 100 decreasing 0.81%. These trends can impact the cryptocurrency market.

Economic Indicators:

Economic indicators, such as job market trends and inflation rates, can influence cryptocurrency prices. For example, a rise in unemployment or inflation can lead to decreased investor confidence and a subsequent decline in cryptocurrency prices.

Bitcoin Price Forecast:

Some analysts predict Bitcoin's price may face resistance and potentially decline in the short term.

Market Correction:

Extreme greed in the market can lead to a correction, potentially impacting cryptocurrency prices.

Keep in mind that cryptocurrency markets are highly volatile and subject to rapid changes. These indicators and predictions are based on current trends and may not reflect future market conditions.