Bitcoin Kurs Prognose: Jetzt kaufen oder verkaufen?
Sentiment in the cryptocurrency market has improved. Most investors probably envision a New Year’s rally differently. After all, everyone has heard that the crypto market has a great future under Donald Trump. Now that Trump is about to take office, prices are plummeting. Does this mean the 2025 rally is cancelled, the bull market is over, or will things start to look up again for Bitcoin soon?
Below the $90,000 mark
Bitcoin prices have been trading broadly sideways for several months. The $90,000 mark forms the lower limit of this sideways range, while the top typically ends at $102,000. But there is one exception, which is the breakout of the all-time high of $108,000. Now, the world’s largest cryptocurrency is once again moving towards the lower end of that range.
(Bitcoin Price Development – Source: trading view)
It even briefly fell below the $90,000 mark today. But this once again confirmed that the support was very strong at this time, and a few minutes later the price rose again to $93,000. Many investors took advantage of this opportunity to buy at low prices. However, with each new test hitting the $90,000 mark, the chances of the value permanently falling below that increase.
Similar to 2021
Many analysts use past data to understand future price trends. Following last year’s Bitcoin halving, Bitcoin prices have risen significantly in 2021. Today, four years later, last year also saw a halving, and prices are expected to continue to rise. However, there is currently a correction. It was no different then.
(Bitcoin Monthly P&L – Source: Bitcoin monthly returns)
In 2021, the price increase of Bitcoin on the first day of the new year was significantly higher than this year. There were subsequent corrections at that time. Despite this, Bitcoin price rose by more than 13% in January 2021. Just like after every halving year so far, there is a good chance that things will get better again this time.
The next few days are crucial
To break out of the sideways trend of the past few months, a further push is needed. US inflation data already provide this. The US producer price index will be released on Tuesday, January 14, and the consumer price index will be released the next day.
If inflation is lower than expected, the price of Bitcoin may rise to $100,000 again; if inflation goes higher, the price of Bitcoin may also fall below the $90,000 mark. Therefore, investors should pay close attention to the release of data in the coming days. On the other hand, sentiment has improved significantly on New Wall Street Pepe ($WEPE).
Learn more about Pepe on Wall Street today.
Wall Street Pepe’s goal is $50 million
While there will still be excitement about Bitcoin in the coming days, the mood could not be better for New Wall Street Pepe. Meme coins are still on pre-sale, and the price is close to the $50 million mark. The new coin has exceeded all expectations. The last ICO to be so successful was Pepe Unchained ($PEPU), which subsequently surged to over $600 million. Analysts now expect a similar move in WEPE’s price.
($WEPE ICO – Quelle: wall street pepe website)
During the pre-sale period, investors can take advantage of multiple times the price of $WEPE. Since the starting price on cryptocurrency exchanges is higher than the current pre-sale price, this has resulted in initial paper profits for early buyers. However, extremely high demand during the pre-sale period suggests that the after-sales situation may continue to improve significantly.
Get it now and buy $WEPE in the pre-sale.
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