The BTC price is expected to reach a certain level by the end of the year.
In history, BTC has gained profits in December after the US election; the growth rates in the past two cycles were 30% and 46% respectively. If history repeats itself, the BTC price could reach between $125,000 and $140,000 by the end of the year. On the other hand, after a big rise in the Ethereum network, WhaleWallet has accumulated a total of 280,000 ETH in the past four days, equivalent to about $1 billion. Although one of the recent popular altcoins, Worldcoin (WLD), may continue to rise in the coming days, the 'head and shoulders pattern' has reached its target, and some negative sentiment may now emerge. The target for WLD could reach $4. #BTC price adjustment, what’s the next market trend?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
1
Repost
Share
Comment
0/400
TheHomeOfTheWind
· 2024-12-01 00:12
All in All in 🙌All in All in 🙌All in All in 🙌All in All in 🙌
The BTC price is expected to reach a certain level by the end of the year.
In history, BTC has gained profits in December after the US election; the growth rates in the past two cycles were 30% and 46% respectively. If history repeats itself, the BTC price could reach between $125,000 and $140,000 by the end of the year.
On the other hand, after a big rise in the Ethereum network, WhaleWallet has accumulated a total of 280,000 ETH in the past four days, equivalent to about $1 billion.
Although one of the recent popular altcoins, Worldcoin (WLD), may continue to rise in the coming days, the 'head and shoulders pattern' has reached its target, and some negative sentiment may now emerge. The target for WLD could reach $4.
#BTC price adjustment, what’s the next market trend?