The crypto market (cryptocurrencies) does not recognize technical analysis and relies heavily on political and economic news, and is affected by the big players who control the market (whales).

When Bitcoin was $BTC in its early days, no one expected it to reach what it has reached today.

The talk has become about alternative currencies, let's take, for example, the Ripple currency $XRP , as there has been a lot of talk about it recently and that it will reach record levels, and some have said that its market value will exceed Bitcoin.

In my humble personal opinion, everything is possible in the world of crypto, and the Ripple currency may witness record levels, especially if it is adopted in global banks and transfers instead of the SWIFT system, which has become incompatible with modern and advanced technologies.

All of this depends on the creation of systems based on legislation that serves this sector, and perhaps it has become closer than ever, especially with the new US government policies, if we know that the global economy is directly or indirectly linked to the US economy.