Bitcoin koers in dalende trend, kan BTC trend omdraaien?
Bitcoin’s chart has been turning red in recent days. Despite a rally in the final month of 2024, Bitcoin has been unable to sustain its upward momentum. How low can Bitcoin go? Are there any alternatives now?
Downtrend Confirmed: Bitcoin Price Rejects $102,000
The price of BTC appears to be recovering from the decline seen in late December. Bitcoin fell from an all-time high of $108,000 to $92,000 in three days.
The bulls managed to push the price further towards $99,000, but it encountered the first rejection here. On a second attempt more than five days later, the price again failed to hold above $99,000. A week and a half later, the Bulls managed to break through.
The price managed to rise to $102,750 but then dropped significantly. This confirms the downtrend as Bitcoin has managed to create a lower top and is currently looking for a new bottom.
It’s unclear how low that bottom will be. We do know that there is an interesting area near $88,000 where Bitcoin has found support before. Therefore, it is possible for Bitcoin to reach $88,000 one day. If Bitcoin cannot hold here, there is still support around $85,000.
How high can the Bitcoin price rise after the adjustment is over?
Investors want to know how high Bitcoin can go in this bull run. Experts believe that the price of BTC could reach $200,000 during this bull market.
A few years ago, Bitcoin prices reaching six figures seemed crazy, but as prices hit $100,000, the crypto market has taken a new turn.
Bitcoin’s rise in recent months has been largely driven by Donald Trump’s victory in the U.S. presidential election. This is good for the cryptocurrency market, as Trump takes a friendlier approach to the cryptocurrency industry. His opponent in the presidential election, Kamala Harris, also appears to be taking a more positive stance toward the cryptocurrency industry.
Cryptocurrency investors, however, are happier with Trump’s success in making profits. This is due to policies implemented in recent years under Joe Biden, who has worked closely with Kamala Harris. An example of the hurdles the crypto industry has encountered in recent years is the lawsuit between Ripple Labs and the SEC (Security Exchange Commission).
Now that Trump has been elected, clear rules can be introduced in the cryptocurrency space. Companies operating using cryptocurrencies have been waiting a long time, and Trump’s arrival may finally be a step forward.
Therefore, the future of Bitcoin price looks very positive. The new year will undoubtedly be full of surprises and wonders. Therefore, keep an eye on the price of Bitcoin to make the best decision.
Bitcoin’s future is bright, what can altcoins do?
In previous bull markets, we saw Bitcoin chasing altcoins. When Bitcoin rises, altcoins rise with it, and when Bitcoin prices fall, altcoins fall sharply.
During this bull run, we saw the rise of artificial intelligence playing a major role in the cryptocurrency market. Altcoins such as Render (RNDR), Near Protocol (NEAR), and Internet Computer (ICP) have seen significant price increases.
They weren’t the only crypto projects to gain attention last year. Some altcoins that have experienced multiple bull runs, such as Ripple (XRP) and Cardano (ADA), saw significant growth towards the end of the year.
So not only does 2025 bode well for Bitcoin, but it could also take altcoins to new heights.
In order to obtain huge returns, investors mainly focus on pre-sale coins. These altcoins are yet to appear on exchanges, making it possible to earn huge returns.
Wall Street Invitation ($WEPE)
Wall Street Pepe is a brand new pre-sale founded at the end of last year. The developers of meme coins plan to drive large crypto whales out of the crypto market. Crypto whales manipulate altcoin prices, causing small investors to suffer losses.
By building a massive community of retail investors, Wall Street Pepe hopes to defeat these crypto whales. During the presale, the $WEPE token, which has raised over $47 million, will be sold.
This season’s hottest fashion trend? Weeppe bag. 🐸⚔️ pic.twitter.com/TB9WmFnrjw
— Wall Street Pepe (@WEPEToken) January 11, 2025
In addition to beating crypto whales, early investors can stake $WEPE tokens. This produced an annual return of over 25%. Interesting for investors who want to hold the token for the long term.
You can purchase $WEPE tokens through the Wall Street Pepe official website using ETH, BNB, USDT and credit cards.
Go to Wall Street Pepe for pre-sale now
Solaxy ($SOLX)
Sorasi It is a new pre-sale that has been opened recently. The project comes with a layer 2 blockchain active on the Solana blockchain. By processing transactions from the Solana blockchain, Solaxy is one of the first layer 2 blockchains to make it possible to trade meme coins at extremely fast speeds.
$SOLX tokens will be sold during the Solaxy pre-sale. The token represents the core of the crypto project and enables owners to transact at low transaction costs.
Since the launch of the pre-sale, more than $10 million has been raised from early investors. This indicates that the pre-sale was very successful and the token price has the potential to multiply several times.
$SOLX tokens can only be purchased through the Solaxy official website. You can easily buy $SOLX in minutes using ETH, BNB, USDT and credit cards.
Best Wallet ($BEST)
Are you interested in the altcoins mentioned above, but you don’t have a crypto wallet yet? Then it is best wallet As a suitable candidate for crypto wallet. This crypto project focuses on creating a reliable and anonymous crypto wallet that allows you to conduct online transactions securely.
To conduct transactions in the wallet, it is best to use $BEST tokens. The token is sold during the Best Wallet pre-sale, ensuring that you as a user can enjoy the lowest transaction costs and fastest transaction speeds.
Over $7 million and counting! 🚀⚡️
The best wallet ecosystem is evolving at lightning speed. Tools, rewards and exclusive alphas – it all happens here!
Don’t miss this opportunity to get in early. 💎
Join now 📲 https://t.co/he5kzraFJw pic.twitter.com/xvqTasOR8R
— Best Wallet (@BestWalletHQ) January 13, 2025
Best Wallet’s pre-sale quickly raised more than $7 million. Part of the reason is that you can stake $BEST tokens at a 269% annual return.
$BEST tokens can only be purchased through the official website of Best Wallet. You can purchase $BEST using ETH, BNB, USDT or credit card.
