Bitcoin (BTC) 
$97,807 price stands at $98,350, with altcoins enjoying a significant rally. The question remains: will this trend persist? Expectations for Q1 2025 remain optimistic, and as we enter the year’s first weekend, the market is aligning with these predictions. Let’s delve into the latest forecasts and insights from various experts regarding cryptocurrencies.
Daan Crypto Trades
Today, we will examine the views of different experts on the markets. While altcoins are reclaiming significant price levels, BTC is moving towards safer territory. If we begin to see daily closes above $98,500, the upward momentum in altcoins may accelerate throughout the weekend.
An analyst advised not to take short-term movements too seriously, stating:
“BTC Open Interest has significantly dropped since its peak. Funding rates are now zero, and year-end holidays are behind us. Next week will mark the first full week of 2025, where I expect liquidity and volumes to return to the market. I anticipate a bullish trend in Q1. Avoid getting too caught up in short-term movements.”
Roman Trading
Looking at the current state on the four-hour chart, an analyst hopes for a reversal in the volume weakness.
“Low volume persists during this rise, and bearish divergences may form with the recent candle close. I might take some profit if I stay here for a while. It seems we will have to wait a bit longer for a true upward movement.”
Trader XO points out that altcoin investors are closely watching the ETH chart. As the largest altcoin by market cap, ETH is nearing $3,600 at the time of this writing. The key is to see closes above $3,980 and $4,100 to return to an all-time high trajectory.
The rise in ETH could impact BTC market dominance, particularly as altcoins draw liquidity. The analyst shared the following regarding their expectations:
“In my previous tweet and live broadcast on the 22nd, I outlined my expectations. Unless there’s a pullback into the gray area, my predictions remain unchanged. With a fourth touch at $4,000, we should indeed see higher levels.”
