Cryptocurrency markets are seeing a notable rebound as Bitcoin surpasses the $98,000 mark. Altcoins have also risen by 5-10% from their recent lows, though experts caution it's too early to declare a full recovery.
Is Bitcoin on the Verge of a Breakthrough?
As BTC prices hover above $98,000, traders are eager to see consistent daily closes above $98,500, which is crucial for higher price levels.
What Do Experts Say About Altcoin Prospects?
Analyst Moustache believes that the anticipated rally for altcoins has yet to materialize, projecting that the market could exceed $4.9 trillion based on historical trends.
I believe the best part has not yet started.CITE_W_A
Market participants are closely monitoring BTC's next moves, which could result in reaching six-figure prices and new highs.
