Bitcoin and Ethereum Forecast for the Week

The chief analyst at Bitget Research, Ryan Lee, provided a forecast for the upcoming week regarding Bitcoin and Ethereum. He noted that the recent drop in Bitcoin by 6% below $99,000 is related to geopolitical instability between Israel and Iran. High volatility is expected in the near term, but in the long term, until 2025, the analyst sees positive trends for both cryptocurrencies.

Comment:

Analysis of the current market situation shows that global events have a significant impact on the short-term price movements of BTC and ETH. Despite this, the fundamental indicators of both cryptocurrencies remain strong. Long-term prospects may be more stable if geopolitical tensions decrease.