Bitcoin is around $108,000, and analysts suggest that new record highs may be achievable soon. The prospects for major altcoins are also being explored.
Bitcoin Price Forecast
Bitcoin is experiencing selling pressure above $108,000, but bulls are maintaining prices above $105,000, indicating their confidence in a future increase. BitMEX founder Arthur Hayes mentioned on X that easing geopolitical tensions in the Middle East and the introduction of stablecoin regulations in the U.S. may contribute to Bitcoin reaching a new record.
Outlook for Ether and Other Altcoins
Analysts predict opportunities for Ether to also reach new record highs. Alphractal founder Joao Wedson stated that Bitcoin has outperformed altcoins over the past 60 days, which may present a good opportunity for accumulation. Altcoins are expected to catch up to Bitcoin in the near future.
Other Cryptocurrency Analyses
Other cryptocurrencies such as XRP, BNB, Solana, Dogecoin, Cardano, and Chainlink are also in the spotlight. XRP is struggling to break above $2.26, BNB may rally to $675, and Solana is defending the $140 level. Dogecoin faces selling pressure at $0.17, which could lead to a surge if bulls maintain their positions.
In the current situation, Bitcoin and altcoins exhibit various levels of resilience. There are growth opportunities, especially if bulls continue to hold key support levels.
