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Bitcoin price exceeded $66,800, and some altcoins experienced double-digit rises. The downturn might be over. Especially with ETF entries on Friday, hopes for the new week justifiably increased. If the expected rise has begun, how high can BTC, PEPE, and FARM go? Which levels are the day’s top-performing altcoins on Binance targeting?
Bitcoin Price Forecast
Halving occurred, and historical data clearly illuminates the upcoming period. Of course, events that have repeated many times in the past are not necessarily bound to recur, but in crypto, this situation often happens, so it’s worth paying attention. Popular cryptocurrency analyst Moustache addressed this topic in his latest assessment.
“BTC’s next major target: $80,000-$85,000. Everyone who has been following me since 2022 knows I’ve been focused on this target.”
Technically, Bitcoin‘s price movement drew a bull flag on the weekly chart, indicating a continuation of the upward trend. If the expected scenario post-halving materializes, $85,000 could be a significant breather level.
For the rally to gain momentum, the key level is $67,500, and if achieved, the next targets of $73,835 and then $80,000 could be reached. Following this, six-figure price targets will come into discussion.
FARM Coin Price Forecast
Binance exchange’s top-performing altcoin of the day was FARM Coin. The price exceeded $90, gaining more than 30%. However, this altcoin, accustomed to sudden rises, could retreat to $82 and $70.3 levels if it cannot maintain the $92 level. Investors must consider the risk of high volatility.
PEPE Coin Price Forecast
When it comes to high volatility, meme coins come to mind first, and PEPE Coin is currently trending positively. The strong recovery in Solana’s price and increasing interest in meme coins are pulling it upwards. At this stage, if $0.00000687 can turn into support, bulls may target $0.00000770 again. Subsequently, targets of $0.00000885 and $0.00001082 will come into play.
The sentiment of the general market is crucial for the future of prices. This week, the general expectation is for a positive trend to continue, supported by the US stock markets. Friday’s PCE data will unlock weekend volatility, now essential after recent poor inflation data to boost morale.
