On December 24 and 26, Bitcoin (BTC) $94,490 attempted to rise above $99,000 but failed. Altcoin investors experienced greater losses during both declines. The ongoing weakness in BTC’s price must not persist while the upward trend continues. What do experts say about this situation? What is the price target for APT Coin?
APT Coin Price Target
Aptos, which emerged as a competitor to Solana $186, has become a significant player in the markets. The bull markets have yet to showcase its full potential. What price levels do experts anticipate it will reach soon?
An analyst known as Crypto Bullet does not foresee single-digit prices for APT Coin and expects previous trends to repeat. If history does repeat itself, the price could surpass $20.
“It appears that $APT is forming a Rising Wedge. Generally, this is a bearish pattern, but APT seems to thrive on it. I hope it maintains higher low levels and rises to $20.”
Cryptocurrency Predictions
Enjoy the last days of the year and refrain from giving up, says an analyst using the name Horse. According to him, investors waiting for Bitcoin to reach a new record or anticipating a bigger rally in altcoins are unnecessarily stressing themselves. He believes some have become overly excited about phenomena like the Santa Claus rally or the January effect.
“There’s really no reason to push in the last week of the year. It’s a time where you don’t need to wager on a leap of faith and risk a coin toss with the upcoming cavalry. Between the two popular market events—the ‘Santa Claus Rally’ and the ‘January Effect’—one contains less randomness and noise, providing a clearer idea about market flows. If coins are genuinely trending upwards, you won’t miss the opportunity while waiting for more evidence in January to position aggressively.”
Altcoin Sherpa emphasizes the importance of monitoring future reactions below current levels.
“A key point to remember is that the more these support areas are hit, the weaker they become. I’m not saying 80,000, but observing reactions around 92,000 will be crucial. For now, support remains support until proven otherwise.”