Overall trends in the cryptocurrency market:
Growth of institutional interest: In recent years, more and more large financial institutions and companies have shown interest in cryptocurrencies, contributing to their legitimacy and demand.
Regulatory pressure: Regulatory measures are intensifying in different countries, which can both limit and create new opportunities for the market.
Technological innovations: The development of #defi , #NFT , #Layer2 solutions and other technologies continues to expand the use of cryptocurrencies.
Forecasts for the coming years:
$BTC (BTC):
Possible growth in case of continued institutional adoption and integration into the financial system.
Important support levels - around $70,000–$80,000, resistance - around $90,000–$100,000.
In the long term, growth to new highs is possible, provided there is stability in the regulatory environment and technological development.
Altcoins (#ETH🔥🔥🔥🔥🔥🔥 ,#BINANCECOIN🔥🔥🔥 , $SOL etc.):
Ethereum may continue to grow due to network development, the implementation of Ethereum 2.0, and the expansion of DeFi.
New projects may emerge with innovative solutions, attracting investors.
Risks:
Volatility remains high, requiring caution when investing.
Regulatory changes can sharply impact the market.
Technological failures or vulnerabilities may also have a negative impact.
General recommendations:
Portfolio diversification.
Keep an eye on news and regulatory developments.
Do not invest more than you are willing to lose.