Cryptocurrency analysts release forecasts for 2025, closely observing Bitcoin and altcoin movements.
Bitcoin Overview
Leading cryptocurrency Bitcoin began 2025 below $94,000, showing limited volatility. In the last 24 hours, BTC hit a peak of $96,250 before dropping to $92,888. Analyst under the pseudonym Daan Crypto Trades noted the 'Christmas range' has swept liquidity on both sides, with $95,800 standing as temporary resistance.
Solana and Render Coin Analysis
Altcoins remain in negative territory, causing concern among traders. Altcoin Sherpa points out the weakening of altcoins, while BTC price stays above $90,000. Solana struggles to break through $200, hovering around $190. Meanwhile, analysis for RENDER Coin highlights potential buying opportunities.
Near Future Predictions
Analysts predict potential growth for cryptocurrencies in the first quarter of 2025 on longer timeframes. However, depending on reactions at current levels, either further testing of lows or a jump may occur.
The sentiment at the start of 2025 in the cryptocurrency market remains cautious, and analysts are carefully observing key levels to provide more accurate predictions for Bitcoin and altcoins.
