Friday, January 24, 2025
HomeCryptocurrencyWhat will happen to the crypto market in the next five months?

What will happen to the crypto market in the next five months?

Renowned crypto analyst Alejandro provides a five-month price forecast for Ethereum, Bitcoin and other altcoins.

Crypto analyst Alejandro addressed his followers on X the other day. The analyst shared his price forecasts for the next five months. In the post that attracted a lot of attention, the Ethereum (ETH) price forecast attracted attention.

According to the analyst, the bull run will continue in December, but a major drop in prices will occur in January. On the other hand, in February, the crypto market, especially Bitcoin and Ethereum, will continue to grow.

An analyst’s game plan for Bitcoin, Ethereum and altcoins

According to Alejandro’s prediction, the price of Bitcoin (BTC) will reach 120 thousand dollars in December. Furthermore, the analyst believes that the price of Ethereum (ETH) will surpass its all-time high of $4,800 in December.

The tweet, which garnered nearly 200,000 views, claimed that altcoins would double to triple their current price levels during December.

Alejandro’s January predictions drew attention. The analyst believes that the price of Bitcoin will fall to $95,000 in January, when Donald Trump takes office and SEC Chairman Gary Gensler leaves his seat. According to the analyst, altcoins will also see a 30 to 50 percent price correction in January.

The analyst predicts that the decline will be complete in the first month of 2025 and the increase will continue in February. Annalise has her predictions for February, March and April below.

  • Ethereum will reach $10 thousand.
  • Altcoins will break new records
  • Bitcoin will exceed 160 thousand dollars.

This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments