Bitcoin Warms Up: New Highs on the Horizon!
The cryptocurrency market has recently warmed up, with Bitcoin (BTC) maintaining above $100,000 for three consecutive days, and market sentiment becoming increasingly optimistic. Economist Aksel Kibar points out that the rise of Bitcoin is due to a price breakout in November 2024, with a projected target of $137,000. Trader Matthew Hyland believes that if bullish sentiment continues, Bitcoin could reach new highs in the second quarter, possibly even hitting $160,000.
However, well-known trader Skew warns that the resistance zone between $103,000 and $104,000 may bring profit-taking pressure, with some large holders passively selling BTC, so close attention to market trends is necessary.
At the same time, the growth potential of SOL should not be underestimated! SOL has already seized the potential of the meme trend, creating a new wave of memes, and those with spare cash are daring to invest early in some promising meme coins. Among them, the meme coin associated with Trump has been particularly popular, especially the hero dog Co nan, backed by Trump's strong IP and an active community. Affected by the market, its market capitalization once dropped below $10M, but after a few days, it returned to above $10M, demonstrating strong resilience, and this is a great opportunity to buy and replenish positions. The number of holders has exceeded 13.5K and continues to grow, making it a potential dark horse in the bull market!
$SOL $ETH $PNUT
