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Cryptocurrency Analysis: Bitcoin and Altcoins Under Pressure

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by Giorgi Kostiuk

17 hours ago


The cryptocurrency market is experiencing instability, especially in the prices of Bitcoin and altcoins. Key analysts are expressing potential directions for the movements of these assets.

Bitcoin Price Analysis

Bitcoin is trading within a narrow range, but bulls are keeping the price above the $83,000 mark. Periods of low volatility typically precede range expansions. Analysts predict that Bitcoin could potentially reach a new all-time high between Q3 and Q4 of 2025. A drop below the 20-day EMA may signal the start of a bearish trend.

Altcoin Prospects

Analysts are also optimistic about altcoins. For instance, Swiss bank Sygnum points to improved regulatory conditions as a factor that could drive altcoin growth in Q2. Altcoins like Ethereum, XRP, and others continue to show signs of fatigue, and their movement will also depend on the overall market situation.

Market Trends

Currently, Bitcoin and altcoins remain under pressure, but they may start to recover when breaking through key resistance levels. Observing price movements of various altcoins in the coming weeks will be crucial to determine if they can overcome price barriers and begin a recovery.

The cryptocurrency market is currently showing instability, yet analysts see growth potential. Predictions are optimistic, but monitoring price movements is essential.

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