Ethereum

bullish

Bitcoin

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/market-analysts-discuss-bitcoin-and-altcoin-trends/" data-wpel-link="internal">Market Analysts Discuss Bitcoin and Altcoin Trends</a> 
Bitcoin (BTC) dropped to $95,000, reaching a daily low of $94,525. The continuation of this decline remains uncertain, especially since there had been a consistent rise following the election results. A pause in this upward trend would not be surprising. What do experts currently predict about the <a href="https://en.coin-turk.com/former-jpmorgan-analysts-alarming-bitcoin-commentary-pandoras-box-opened/" data-wpel-link="internal">altcoin</a> market? 
<h2 style="text-align: justify" id="altcoin-commentary">Altcoin Commentary</h2> 
With Ethereum ‘s (ETH) price surpassing $3,500, hope among altcoin investors has increased. The recovery in the ETHBTC pair suggests that BTC may begin to loosen its grip. If the anticipated scenario plays out, a new bullish phase for <a href="https://en.coin-turk.com/worldcoin-surges-as-user-base-tops-one-million/" data-wpel-link="internal">altcoins</a> could commence. 
Analyst Jelle noted that we have entered a period of parabolic rallies for altcoins, as evidenced by the graph he shared. He compares this to previous cycles, indicating that after a 650-day accumulation, the current movement should be expected. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-409904 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/altcoinler-boga-tahmini.jpg" alt="" width="2048" height="1151"> 
The same analyst analyzed BTC’s monthly performance compared to previous years, stating: 
<blockquote> 
 “Bitcoin is still progressing as planned. September ended positively, historically suggesting that October, November, and December will also close positively. So far, so good. Keep pushing everything higher!” 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-409905 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/btc-yillara-gore-aylik-veri.jpg" alt="" width="1345" height="776"> 
<h2 style="text-align: justify" id="agx-and-zk-price-predictions">AGX and ZK Price Predictions</h2> 
Recently overshadowed altcoins include AGX and ZK Coin. An analyst named LSD claims that an upward movement for AGX has begun, projecting a price increase to $0.20. Currently priced at $0.136, the coin could focus on upward targets with closures above $0.0783. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-409906 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/AGX-fiyat-tahmini.jpg" alt="" width="1280" height="582"> 
CryptoBullet previously predicted a rise for ZK Coin and anticipates new movement toward $0.225 after a more than 18% increase. 
<img loading="lazy" decoding="async" loading="lazy" class="size-full wp-image-409907 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/11/zk-coin-tahmin-scaled.jpg" alt="" width="2560" height="1372"> 
The total value of <a href="https://en.coin-turk.com/cryptocurrency-market-shakes-reasons-behind-recent-plunge/" data-wpel-link="internal">cryptocurrencies</a> stands at approximately $3.27 trillion, with trading volume exceeding $214 billion. Although BTC’s market dominance has loosened, the overall market value is declining. Nevertheless, ETH has remained relatively strong, contributing to a rise in the ETHBTC pair. The upcoming daily close will determine if anticipated gains in altcoins can be realized. 
At the time of writing, BTC was continuing the day with a 1% loss while ETH was up by 4%. Accelerated selling below $94,500 could negatively impact altcoins. 
The post <a href="https://en.coin-turk.com/market-analysts-discuss-bitcoin-and-altcoin-trends/" data-wpel-link="internal">Market Analysts Discuss Bitcoin and Altcoin Trends</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Market Analysts Discuss Bitcoin and Altcoin Trends

Table of Contents

COINTURK NEWS

Other articles published on Nov 25, 2024

The Next Generation of ‘Crypto’ Mining – Apraemio’s Deflationary Gold-backed Token

MicroStrategy Buys Another $5.4 Billion Bitcoin (BTC)

Bitcoin Market Cycles: What History Reveals About BTC’s Future Path

Texas Mandates Registration for Cryptocurrency Mining Facilities to Protect Power Grid

Altcoin Market Set for $2 Trillion Surge, Analyst Predicts Strong Bullish Momentum

USTC Repeg Whitepaper Explained: A Pathway to Terra Classic (LUNC) Recovery

Join our free newsletter for daily crypto updates!