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Reading: Experience Bitcoin and Ethereum’s New Rally Phase Now
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COINTURK NEWS > Cryptocurrency News > Experience Bitcoin and Ethereum’s New Rally Phase Now
Cryptocurrency News

Experience Bitcoin and Ethereum’s New Rally Phase Now

In Brief

  • Bitcoin may experience substantial volatility, encouraging another large rally.

  • Analyst predicts Ethereum breaking $3,500, potentially reducing Bitcoin's dominance.

  • Prudent strategies facilitate gains from both rising and falling markets.

Fatih Uçar
Fatih Uçar 11 months ago
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Bitcoin $75,800 is anticipated to undergo significant volatility, marking the fifth occurrence of an event known to trigger large rallies in its price. Historically, these events have led to massive gains, sparking excitement among cryptocurrency enthusiasts eager to capitalize on potential price movements. According to Binance TR data, the current price of Bitcoin is 4,077,000 TL.

Contents
Historical Data of CryptocurrenciesEthereum and Bitcoin

Historical Data of Cryptocurrencies

Investors often rely on historical data, despite inherent unpredictability, as they prepare for substantial market movements in cryptocurrencies. Previous trends have frequently vindicated this approach. A well-known crypto analyst, Nic, believes Bitcoin is on the brink of another massive rally.

The emergence of the Golden Cross signal indicates an imminent increase. Past instances of this signal resulted in significant gains: September 2021 saw a 51% increase, January 2023 a 58% rise, October 2023 surged by 144%, and October 2024 achieved a 66% gain.

A similar scenario may unfold soon, presenting a lucrative opportunity for poised investors.

Ethereum and Bitcoin

Ethereum $2,352‘s current price stands above $2,480, following a $1,000 rally with only minor corrections. This price stability keeps alive the hope of a genuine upward reversal from previous lows. Analyst Crypto Fella shared a chart predicting Ethereum’s imminent breakthrough, suggesting a path towards $3,500.

Should this prediction hold, Ethereum’s price reaching $3,500 could shift momentum to the ETHBTC pair and lessen Bitcoin’s dominance. This scenario promises potential gains exceeding 50% in altcoins, a long-awaited moment for investors eager for altcoin surges.

Jelle published a strategy that emphasizes cautious investment, maintaining a consistent 2% risk reduction even as Bitcoin nears a new price discovery phase. With substantial funds remaining, this prudent approach is expected to thrive in the upcoming months.

While taking advantage of dips by continuing small-scale sales of 2%, the strategy ensures that both market rises and falls are seen as opportunities, despite missing out on potential gains from sudden spikes.

Marked zones on a shared graph illustrate buying and selling points.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
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.

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Fatih Uçar 20 May, 2025 - 6:42 pm 20 May, 2025 - 6:42 pm
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