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Bitcoin and altcoin market predictions continue to emerge. After the recent rally, analysts have been making new predictions due to the increased optimism. Investors are curious about which cryptocurrencies will move where in the next stages, so they look at analysts’ approaches and the levels they provide. Here are the predictions of six analysts.
Altcoin AAVE and MATIC Prediction
Popular analyst Rekt Capital shares an evaluation of the AAVE chart today. The analyst marks a red zone below $89 for AAVE and states that the cryptocurrency is finally pulling towards this area and will soon test a new rise. The analyst’s initial target level is $111, followed by $146.
Popular analyst Ali Martinez also commented on MATIC in a recent post. He pointed out that on the 4-hour chart, MATIC appears to have formed a head and shoulders pattern. The analyst emphasized that if the cryptocurrency continues to close below the neckline of $0.79, it could trigger a 16% correction towards $0.67. The invalidation of the bearish outlook would trigger an upward movement towards $0.86, targeting the right shoulder.
Where Will Bitcoin Go? 2 Analysts Answer
Another analyst, Captain Faibik, revealed the next level if the bulls break the $38,000 resistance for Bitcoin. The analyst emphasized that if the critical resistance is exceeded, Bitcoin will reach $41,000.
Analyst Michaël van de Poppe highlighted that Bitcoin continues to rise and that the levels at which it drops are higher than the previous lows. The analyst noted that Bitcoin has attacked the resistance level of $38,000 for the fourth time and expects a breakthrough towards $40,000 followed by a quick pullback. The analyst also emphasized the importance of buying at dip levels.
Focus on Altcoins and Ethereum
Analyst Moustacⓗe, mentioned that the biggest movements for altcoins are yet to come. Referring to his own chart, the analyst stated that he has been sharing it for months even when bears called for lower prices. The analyst expressed excitement for what is to come.
Lastly, analyst Mags shared a chart for Ethereum and emphasized that the bull run for ETH has just begun. The analyst highlighted the $18,000 level for ETH until 2025.
