Bitcoin
Crypto Pundit Shares “Inescapable” Prices for Bitcoin and 5 Altcoins – TradingView News
With the expectation that the crypto market will go up later this year, Bitcoin, along with altcoins, should already respond to this. As crypto investors eagerly await this bull run, a crypto analyst has revealed where they expect the prices of six cryptocurrencies to land.
Bitcoin and Altcoins Ready to Move
As Bitcoin and altcoins begin to rise, Crypto Emily, an analyst, revealed where she expects the price of major cryptocurrencies to go. The analyst starts with Bitcoin, assigning it an important price before moving on to other altcoins.
For Bitcoin, Crypto Emily believes the price of the most important cryptocurrency will rise to $100,000, joining the ranks of Bitcoin believers who think this is possible. From the current price, that is less than a 50% price movement for the leading crypto, suggesting this is possible.
Moving forward, the crypto analyst turns her attention to altcoins. The first of the altcoins is Ethereum, which is the second largest cryptocurrency on the market. Despite Ethereum failing to break $4,000, the crypto analyst expects that the altcoin will see its price eventually reach $10,000 as it is inevitable.
This optimism extends to other larger altcoins beyond Bitcoin and Ethereum. For example, Crypto Emily makes similar predictions for both the Solana price and the BNB price. She expected Solana to rise another 600% to reach $1,000 from here, and then for BNB to rise nearly 50% to reach the same $1,000.
Moving forward, the next altcoins to join the list are Polygon’s XRP and MATIC. Both digital assets, the crypto analyst believes, will eventually reach $10, a similar price increase for both. However, what is even more interesting is the performance of both altcoins over the past year.
$100K is inevitable for #Bitcoin
$10,000 is inevitable for #ETH
$1,000 is inevitable for #SUN & #BNB
$10 is inevitable for $XRP & $MATIC
What are your targets❓
While companies like Bitcoin and Ethereum have seen huge upside this year, both XRP and MATIC have failed to make any significant moves. The price of XRP is still 83% below its all-time high of $3.84 and MATIC is 75% below its all-time high of $2.92. Together, they constitute some of the worst performances observed among major altcoins in the last year.
However, for now, the crypto race appears to be some way off as Bitcoin and altcoins continue to struggle in the market. Given the crypto market’s dependence on Bitcoin to kick off the next bull run, a break toward $80,000 would likely kick off the next bull run. In this case, altcoins are expected to work alongside it, also reaching new all-time highs.