Bitcoin maintains its steady sideways movement between $90,000 and $110,000.
Analyst expects $125,000 and $135,000 to be the range for next BTC ATH.
Altcoins POL (MATIC) could make a 300% pump this altseason.
Bitcoin seems to have settled in a steady sideways movement of pumping and dumping between the $90,000 and $110,000 price range until the end of the year. With Bitcoin having claimed $100,000 and above ATH, analysts expect a steady upward rise for the pioneer crypto asset as the year ends and enters the bullish 2025.
BTC Price Continues Sideways Movement
#Bitcoin: hits $90,000 with absolute perfection, now a new small box will be forming in this region between $110,000 and the region of 90k. This box will most likely continue till the end of year. - Doctor Profit 🇨🇭 (@DrProfitCrypto) December 6, 2024
As we can see from the post above, this silver-tongued analyst, Doctor Profit, known for his many accurate market predictions believes BTC will continue trading within this price range until the year 2024 comes to an end. He also stated in an earlier post that his expectations for BTC price in terms of its next ATH is between the $125,000 and $135,000 price range.
Meanwhile, the expectations for altcoin in the peak of the coming altseason have also grown tremendously. So far a few altcoins like SUI and ONDO have already set new ATHs. Similarly, many altcoins are slated to set new ATHs in the coming months and analysts are trying to highlights which altcoins will pump first.
POL (MATIC) Prepares for New ATHs
$MATIC (Polygoin) has confirmed its largest Bullish Divergence EVER and can also be pushing towards its larger breakout ever which in turn, may result in an unprecedented bullish performance from!A near 300% move to All TIme Highs to $2.879 could be a minimal part of its run 😬 — JAVON⚡️MARKS (@JavonTM1) December 7, 2024
One altcoin that’s caught the eye of a popular crypto analyst is POL, previously known as MATIC. As we can see from the post above, this analyst believes that POL has confirmed its largest Bullish Divergence ever. This would mean pushing towards its largest breakout ever for POL price. The analyst expects a near 300% move to claim new ATHs soon.
According to CoinMarketCap analytics, the price of POL is at $0.7. The asset is up by over 100% in the last 30 days and it is sporting a total market cap of $5,892,220,248.70 and a 24-hour trading volume of $517,176,291.20. Analysts expect POL to surpass its previous ATH set at $1.29.