Originally published on: December 15, 2024
Bitcoin is on the rise again, inching towards its all-time high of $104,088. VanEck predicts that the first peak of the cryptocurrency bull market will occur in the first quarter of 2025, followed by a potential pullback in Bitcoin and altcoins. However, recovery is anticipated in the fall, with major tokens regaining momentum by the end of the year.
Analysts are optimistic about Bitcoin’s potential, with projections ranging from $173,646 to $461,135 by 2025. Similarly, Ether (ETH) is expected to make significant gains in the coming year, with Bybit analysts forecasting a new all-time high in the first quarter of 2025.
As Bitcoin continues its upward trajectory, other cryptocurrencies like Chainlink (LINK), Aave (AAVE), and Bitget Token (BGB) are also seeing notable price movements. With Bitcoin nearing its all-time high, altcoins are displaying strength in the market.
Bitcoin, Ether, LINK, AAVE, and BGB are showing promising chart structures, indicating potential for further upward movement. Investors are closely monitoring key levels and indicators to capitalize on these opportunities.
If Bitcoin maintains its momentum and breaks above $104,088, select altcoins like ETH, LINK, AAVE, and BGB could witness significant gains in the near future. As the crypto market continues to evolve, savvy traders are positioning themselves for potential profit opportunities.
Stay informed and stay ahead of the curve in the dynamic world of cryptocurrencies. With Bitcoin leading the charge towards new heights, now is the time to explore the exciting possibilities that lie ahead for ETH, LINK, AAVE, and BGB.