Cryptocurrencies turned red as BTC price dropped below $97,000 again. Since mid-December, losses in altcoins have continued. Although challenging for traders, cryptocurrencies have maintained a psychologically tough environment for years. What do experts’ current predictions indicate?
273-Day Detail and Cryptocurrency
Bitcoin (BTC) 
$68,464 price is currently at $96,150, having reached up to $98,000 in the last 24 hours. As this article was being prepared, the U.S. inflation data was expected to be announced, with no significant changes predicted. Trump’s new tariffs have pushed expectations for interest rate cuts to July.
Jelle argues that the ongoing situation is not as surprising based on historical data.
“The current all-time high was established 273 days after the halving event. This is where Bitcoin was in previous cycles 273 days after halving. I am quite sure the cycle has not yet reached its peak.”
Despite the despair among traders, Jelle seems confident that better days are ahead based on historical data.
FTX Refunds and LINK Coin
Ali Charts highlighted Chainlink 
$9 (LINK) in today’s assessment. A favorite among many, LINK Coin has gained importance due to increasing excitement in the RWA sector. Despite numerous RWA projects, Chainlink has succeeded in providing infrastructure to institutions within the crypto realm. Ali appears optimistic about a potential rise.
“Chainlink’s TD Sequential indicator has given a buying signal near the lower boundary of this channel, indicating a potential recovery towards $21 or even $23!”
Rover feels motivated due to the billions in FTX refunds.
“FTX refunds will start on February 18. $18 billion in liquidity is returning to the market. A significant portion of this will flow into Altcoins.
Are you ready for this Altcoin season?”
While payments below $50,000 may begin, all refunds are expected to be completed within months. It remains to be seen how much will flow back to altcoins. BTC is at $96,160, and ETH is still below $2,700.
