#新币挖矿 $BNB $XRP $FORTH
2024 Crypto Market Outlook: Analysts Predict Bitcoin Super Bull Run
With the arrival of the middle of the second quarter of 2024, the bull market atmosphere in the cryptocurrency market is gradually heating up. Analysts have thrown out super optimistic cryptocurrency predictions to fight the panic, uncertainty and doubt (FUD) in the market.
Well-known cryptocurrency account Altcoin Daily recently released a series of predictions, including that Bitcoin (BTC) is expected to reach a high of $120,000, Ethereum (ETH) will climb to $8,800, and Solana (SOL) may hit $720. According to these predictions, Bitcoin is expected to achieve a nearly 100% increase from the current level of $60,600, while Ethereum and Solana will increase by as much as 200% and 400% respectively.
Another well-known cryptocurrency analyst Deezy.eth also shared his views. He predicts that Cardano (ADA) will rise more than 13 times from its current level of $0.445 to a high of $5.9. He also predicts that Ripple (XRP) will rise to $1.8, while Dogecoin (DOGE) could climb to $0.5. This means that XRP and DOGE will rise by 260% and 250% respectively.
These optimistic cryptocurrency predictions come at a time of rising market FUD sentiment. As Bitcoin broke through a new high of $70,000 between February and March this year, many alternative coins and meme coins also rose. However, the market has seen a sharp correction due to the decline in interest in spot Bitcoin ETFs and the impact of macroeconomic headwinds.
Bitcoin has fallen 17% from its high of $74,000 in March, while many alternative coins have fallen even more: Solana has fallen 30%, XRP has fallen 32%, DOGE has fallen 37%, and Cardano has fallen 45%.
Historically, the rally after Bitcoin halving usually begins within 4 to 6 months. Although it is expected that the April halving will not immediately trigger a wave of gains, the pullback after the halving usually coincides with the summer season and consolidation process of the cryptocurrency market.
The crypto market experienced a 413 plunge, and the altcoins generally pulled back by 50%-80%. Many fans' assets were halved. I personally felt deeply sad and regretful. Next, I anchored a spot on Ouyi. Personal news is that market makers are entering the market and are ready to make moves. Hesitation will lead to failure!Portal: 币大仙
