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Reading: Is the Big Rally Beginning for Bitcoin and Ethereum? Remarkable Predictions of the Analyst
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EdaFace Newsfeed > Latest News > Crypto News > Is the Big Rally Beginning for Bitcoin and Ethereum? Remarkable Predictions of the Analyst
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Is the Big Rally Beginning for Bitcoin and Ethereum? Remarkable Predictions of the Analyst

vitalclick
Last updated: December 18, 2024 10:02 am
3 months ago
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Famous crypto analyst Pentoshi, Bitcoin (BTC) $104,049.2 and Ethereum (ETH) $3,870.3 He suggested that prices may show significant increases in the coming period. In his post on his social media account, he announced that he expects Bitcoin to gain 15% from its current value and Ethereum to gain more than 20%.

Growth Forecasts for Bitcoin and EthereumThe Role of Political Factors and Market Outlook

Growth Forecasts for Bitcoin and Ethereum

According to Pentoshi’s posts, Bitcoin is currently traded at $ 105,756. The analyst reminded that Bitcoin has increased by 9% in the last seven days. Ethereum is trading at $3,992 and has increased by 7.4% in the same period.

Explaining his longer-term goals for Bitcoin, Pentoshi stated that the cryptocurrency could reach $180,000 by 2026. “I have been saying for years that these levels will be reached in this cycle, and current market conditions make this more possible,” he said. The analyst added that he believes Bitcoin will reach the $150,000 target with or without the support of former President of the United States Donald Trump.

The Role of Political Factors and Market Outlook

Pentoshi suggested that Trump would encourage the rise by treating Bitcoin like a stock market. In his post, he said, “Promises are kept, goals are achieved. “Bitcoin is already heading that way, with or without Trump,” he said.

Cryptocurrency markets have attracted attention with an upward trend in recent weeks. The rise of Bitcoin and Ethereum has turned investors’ attention back to these assets. Analysts recommend that investors act carefully against the volatility of cryptocurrencies. It is stated that following market conditions and analyst opinions is critical in risk management.

Future price movements of Bitcoin and Ethereum will depend on both market dynamics and political and economic developments. Pentoshi’s forecasts remain an important reference point for investors. Investors should carefully examine market trends and analysis to make informed decisions.

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.

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