Bitcoin 
$60,844 price Today it broke through $62,000 again and recovered from the bottom at $58,946. Altcoins turned upward again. SHIB is moving above 7%, similar to previous declines and rises. So, what are the predictions for STRK Coin? What are the expectations for altcoins in general?
STRK Coin Predictions
In today’s market assessment, the analyst with the pseudonym CryptoBullet included STRK Coin, one of the tokens that have recently entered our lives, on his agenda. There are many ambitious altcoins that have not yet encountered bull markets and one of them is STRK Coin. The chart below shared by the analyst says that the price may break out of the channel in a few weeks.
The analyst, who has targets of $ 1.35 and $ 2.7 on the agenda, predicts huge growth compared to the current price of $ 0.395. Time will tell whether the analyst who predicted that the price will reach $2.7 again despite the lock openings will be right.
Altcoins Comment
Global liquidity continues to increase and has reached an all-time record high of $107 trillion. More liquidity means more bullishness for risk markets, which will support expectations that the price of cryptocurrencies will also increase. As global liquidity continues to recover from its decline BTC We have all seen how much its price has grown.
The monetary expansion policy of central banks has started for a few months, and in an environment where this continues, the growth of global liquidity will be a natural result. And of course we will see cryptocurrencies grow as well.
Mustache shared the chart below. altcoins He expressed his expectations for it with the following sentences:
“The Altcoin Season Index has been forming one of the best bullish patterns in 3.5 years: Inverted Head and Shoulders. I think the boom season is near. The pain we have experienced in recent years will soon evaporate. I wish everyone the best on this journey.”
If historical cycles are to repeat in the coming days cryptocurrency Markets need to start strong increases. The US elections, which were weeks away, always coincided with the beginning of the rising periods.
BTC At the time of writing, it was at $62,300 and altcoins have generally turned green.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
