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As this article is being prepared, Bitcoin 
$103,297‘s price continues to break new records, reaching $82,840. This has ushered in a new era where cryptocurrency traders are experiencing significant gains. What predictions do experts have for ETH and altcoins? What can traders expect at this stage?
Altcoins Are Rising
DOGE‘s price is up 21% today, nearing the $0.30 mark we indicated last week. While BTC prepares to break new records, it is reported that the price is moving towards a resistance level at $89,000. Currently, BTC is striving to surpass $83,000, continuing the day with a 4% gain.
Analyst known as Moustache pointed out the importance of altcoins, stating;
“Altcoins have reclaimed the 2019 trendline with last week’s closing. You are not rising enough. Of course, there will be downturns, but eventually, the whole market will go WAY WAY higher.”
If we quickly compare our current position to the collapse in November 2022, we realize how significant the rewards have been for investors who trust historical cycles.
Ethereum (ETH) Predictions
Analyst known as The Moon Carl stated that the ETH price is trading in a symmetrical triangle and is expected to jump to $3,370 upon breaking out. At the time of writing, ETH is priced at $3,215. As BTC breaks key levels, the continued rise of ETH provides the necessary environment for us to see greater gains in altcoins.
Michael Poppe mentioned;
“Big movements are happening in the market for ETH. A slight pullback here is not unusual. As long as BTC stays above 0.037, it will likely continue to move upward.”
The focus on the ETHBTC pair continues, as the rise of ETH suggests a general increase in altcoins. Given the testing of the psychological resistance at $5,000, we are likely to see many altcoins at much better levels.
Regardless, we must reiterate our usual warning that even during bull markets, double-digit pullbacks can occur. No analyst can predict the future, and you should develop your own investment strategies.
