As the cryptocurrency market approaches the end of another bustling week, we conclude the month of May with unexpected developments. The initial expectations for the first two quarters of the year were optimistic, yet the unpredictable moves by Trump have taken everyone by surprise, overshadowing his initiatives regarding cryptocurrency. What are the current market expectations according to experts today?
Bitcoin (BTC) Prospects
According to Binance TR data, the BTC price stands at $108,480, while ETH has descended below $2,700. This is disappointing for altcoin investors, who had been hopeful after ETH’s price rise breached resistance points. Short-term predictions among analysts remain highly contradictory, adding to the uncertainty.
Sherpa admits to being unsure about short-term developments, noting that the current chart appears unusual. Although he mentions the possibility of a $103,000 test, he remains uncertain and opts to observe rather than predict. He anticipates a continued consolidation period, choosing to focus on other elements in the meantime.
Conversely, Jelle firmly aligns with the analysts predicting an upswing. Despite short-term negativity, he argues that a new upward leg towards a $140,000 target is in motion.
“Bitcoin 
$76,429 continues pressing just above the previous cycle’s peak levels, seemingly poised for its next leg.”
“Target: $140,000.”
LINK Coin and ETH Predictions
Among Poppe’s favored altcoins, LINK Coin stands out for its prominence. Oracle data feeds have essentially given it a monopoly in its field. With major corporate partnerships like JPMorgan, it has become a formidable bridge between the real world and cryptocurrencies. The potential growth in the CCIP and RWA areas and the increased benefits through staking have previously been discussed in detail.
Poppe shared the following LINK Coin chart:
“We are still anticipating a real reversal in the Bitcoin pairing. As evident from the valuations, these areas are where you should consider adding the protocol to your portfolio, offering a secure opportunity for additional purchases.”
Poppe suggests that the rise in the BTC pairing alone could reach up to 600%, indicating the potential for the price to hit three-digit levels.
Lastly, in today’s ETH assessment, Jelle highlights a major resistance battle for an altcoin surge. He claims the real excitement will commence once the ETH price surpasses $3,000, arguing that we are moving steadfastly in that direction.
