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Attention turns to Bitcoin (BTC) 
$111,145 as many speculate about reaching the next peak. BTC is currently trading above $75,600, situated just under its all-time high (ATH) by around $1,000. If Trump, who will take office in January, does not change his stance on cryptocurrencies, the first quarter of 2025 could witness impressive developments.
Bitcoin Formation Target
Crypto Rover highlighted the bullish flag formation on the Bitcoin chart in today’s analysis. Many experts have already hinted at a breakout from this formation. According to the analysis, the dull price movements have ended, and Bitcoin is expected to reach six-figure prices within the next year. The $80,000 level may serve as an important psychological resistance where the rally could gain momentum.
Additionally, BTC’s lingering near its last ATH supports a continuous upward trend.
MASA and NEIRO Coin
The popular cryptocurrency analyst Poppe has consistently mentioned a bullish trend since last year. This time, he has proven correct, although it does not absolve him of previous miscalculations. In his current assessment, he updated his targets for altcoins, stating the following for MASA Coin;
“MASA is still consolidating from a critical zone, and I hope we will see a new rise towards the target area of $0.12.”
TraderSZ released a prediction for the trending altcoin NEIRO Coin. Even during relatively stagnant market days, this altcoin is targeting $0.00372. He also noted the success of previous monthly targets and expects the upward trend to continue.
The total market cap of cryptocurrencies has surged to $2.54 trillion, with a daily trading volume reaching $142.5 billion. Despite a slight decline in volume compared to yesterday, seeing volumes above $130 billion is quite impressive. Compared to the $14 billion daily volumes during dull bear market days, it is clear that those monotonous times are firmly behind us.
RAY, NEIRO, and ENA Coin lead the top 100 cryptocurrencies with gains exceeding 20% on a daily basis. In the last 24 hours, only UNI, TRX, and LEO Coin experienced declines.
