Investors accustomed to Bitcoin's price peaks are waiting for future changes, following a drop impacting altcoins.
The Role of Bitcoin in the Bull Market
Interest in Bitcoin has grown among US companies, motivated by Trump's election win. MicroStrategy, with over 252,000 BTC, plans to continue purchases over the next three years. William noted an increase in demand in his analysis. Historical data shows potential for a 12-month bull market.
Dogecoin and ETH: Current Market Analysis
Dogecoin started the day with a 10% drop to $0.36. Nevertheless, whale interest in accumulation remains — $56 million worth of DOGE was bought in the last 24 hours. Analysts anticipate further growth if Bitcoin's price stays above $90,000.
Predictions for Bitcoin and Altcoins
It is expected that the ETHBTC pair will dip until the second week of January, indicating possible changes in altcoin market dynamics.
Investors continue to monitor Bitcoin and its impact on altcoins, awaiting favorable conditions for further growth in the cryptocurrency market.
