Market Analysts Examine Bitcoin and Altcoin Forecasts as Markets Respond

Bitcoin (BTC)


$68,301
The price is hovering around $69,000 at the time of writing. It has recently rebounded from a low of $67,478. In just a few hours, the identity of the new U.S. President will be revealed. Unlike previous elections, Trump’s strong pro-crypto stance has made this election particularly critical. What are experts’ current predictions for cryptocurrencies?
Contents
FTM and BTC Predictions
Top 3 Altcoins
FTM and BTC Predictions
Popular Turkish crypto analyst Efloud has focused on FTM Coin in his latest market evaluation. He has identified key levels in the accompanying chart. The price is likely to either rise again after touching $0.5353 or continue to decline to $0.4148.


In the event of a potential increase, a rally could continue to $1.47 after hitting $0.632 and $0.958. Altcoin Sherpa has noted that the charts will be quite volatile in the next 48-72 hours.


The analyst warns that those taking highly leveraged positions face significant risks. While $70,400 and $67,200 are marked as extreme points, deeper and higher peaks might also be in sight.
Top 3 Altcoins
In today’s assessment, Altcoin Sherpa highlighted three different meme coins, stating, “these will perform better than average.” The analyst pointed out the strong upward potential of PEPE, BONK, and WIF Coin, emphasizing their importance in the current cycle.


WIF Coin‘s key levels were shared by the analyst, who believes more developments are on the horizon. If Trump wins the election, rapid realization of these expectations would not be surprising.
At the end of the article, Bitcoin’s price is reported at $69,218. Altcoins have once again turned green, with BTC‘s recovery causing DOGE to rise by 6%.
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Disclaimer:
The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.