Posts

Showing posts with the label cycle top

Trading expert predicts Bitcoin and Ethereum prices for this ‘cycle top’

Image
The cryptocurrency market is heating up again after a few weeks of a sidelined consolidation pattern affecting most projects. As things develop, trading experts and analysts already have their strategy ready and price predictions for this cycle’s top, especially for Bitcoin (BTC) and Ethereum (ETH), the market leaders. In particular, the X account who goes by a smiling emoji using the handle @smileycapital shared his prediction for BTC and ETH price tops, marking the end of the ongoing bull cycle. Smiley Capital predicts Bitcoin will top between $140,000 and $160,000, and Ethereum between $9,000 and $11,000. The analyst also considers an extraordinary scenario of possible overperformance in case cryptocurrencies see a massive adoption event. Thus, the “cycle top forecasts,” in his words, are at $190,000 and $15,000 for BTC and ETH, respectively. Picks for you ...