The key question in the cryptocurrency community is when the bull run will start. This article focuses on the current state of Bitcoin and selected altcoins, examining current charts and prospects.
Current Bitcoin Forecasts
Analyst Miles Deutscher highlights that Bitcoin recently broke above $65,000, showing the first signs of growth. This might indicate the onset of a bull run.
Altcoin Prospects
Altcoins also show a positive trend. The chart shows an exit from a six-month-long descending channel with the first recorded higher high.
Key Token Analysis
Amidst growth expectations, tokens like Bittensor ($TAO) and Sui ($SUI) are seeing significant hikes. Bittensor has solidified its position in the AI sector, while Sui has surpassed the $1 billion TVL mark. Mantra ($OM) and Celestia ($TIA) are also capturing market attention due to their unique features and recent successes.
Current analyses and forecasts indicate a high probability of significant price increases for both Bitcoin and several altcoins. The market is expected to continue showing signs of growth in the coming months.