Bitcoin has again surpassed the psychological barrier of $100,000, reaching a maximum of $105,000. This excitement in the market has led to a rise in interest for altcoins. The article explores some altcoins that may show significant growth after Bitcoin achieves a new record.
Impact of Bitcoin's Rise on Altcoins
Following Bitcoin's recent rally above $100,000, altcoins began to occupy more prominent positions in the market. The recent statements from the Federal Reserve regarding the potential for lowering interest rates also contributed to investor optimism. Bitcoin has risen approximately 21% in the last month, creating conditions for the potential growth of other cryptocurrencies.
Pi Coin Price Analysis
Pi Coin showed significant growth, increasing by 112% over the last 7 days. However, at the moment, Pi's price stands at $1.1 and has faced resistance at the $1.667 level. If the price stays above the EMA20 moving average, there is a possibility of rising to $1.66; otherwise, a drop back to the $0.8-$0.6 range may occur.
Pepe and WIF Price Analysis
Pepe has shown strong growth amid Bitcoin's rally, rising to $0.0000138. However, pressure from sellers is appearing, and if the price drops to $0.000013, this may lead to renewed strength. Coin WIF, on the other hand, is showing a correction after a failed attempt to break the $1.32 level and is currently trading at $1.18.
Currently, the market is experiencing an interesting period where Bitcoin rises, and altcoins may follow, demonstrating significant growth potential. Investors should closely monitor market movements.
