Today BTC reached a new all-time record and trump He is now officially taking office. Trump’s crypto initiative WLFI He has accumulated $50 million worth of altcoins today. Moreover, Trump and his wife’s meme coin has been among the top 30 cryptocurrencies for a few hours. We have started the most interesting week of the year and volatility is very strong.
Cryptocurrency Predictions
altcoins Although it largely continues with a decline throughout the day, there are some exceptions. XRP Coin It is rising due to Gensler resigning and cryptocurrency decrees coming within hours. A significant portion of altcoins fell as Trump and his wife lost liquidity to the President as his meme coin reached a market value of billions of dollars.
In his assessment today, Michael Poppe argued that the upward trend will continue and spread.
“Last week, on Monday, #Bitcoin $107,955.4 took liquidity and was at $88,000.
Now, #Bitcoin is at $108k and we have seen a new ATH. What’s next? There are no clues. However, if Bitcoin remains above $100,000, the upward trend will likely continue. “The rise will begin for altcoins.”
Altcoin Sherpa Bitcoin (BTC) is pleased that its price has exceeded the ATH level. However, he expects daily and weekly closes to be above this key zone.
“I think that will probably happen within the next few days; TRUMP There’s a ton of volatility and liquidity that accumulates during the frenzy. “We will see higher heights.”
Altcoins Comment
Mustache shared the TOTAL2 chart and wrote that the 6-week consolidation process has begun. Here Trump Coins Although it may cause abnormal outputs on the market value of altcoins, it seems likely that investors who gain profits will return to popular altcoins. Once this gets high enough BTC It can also be likened to the cycle phase where the price weakens and altcoins see larger peaks.
“TOTAL2 is in the process of exiting its 6-week consolidation. I think the rise is closer than we think. “You may never get a chance like this again, so make the most of the next few weeks and please don’t be shaken.”
BTC is on the threshold of $108 thousand and US markets are closed for holidays. Many Trump executive orders, which are expected to be related to crypto in the coming hours, will increase volatility.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
