- Analysts predict that Bitcoin could hit $150k in just four months, and altcoins season to begin.Â
- Interestingly, Floki, Render, and other altcoins are expected to follow.Â
The crypto market re-announce itself in an expected explosive manner with Bitcoin breaching a multi-year resistance level to hit $72k. With the impact of the post-halving event not yet priced in, analysts expect a bull run that could send Bitcoin to $150k in the next three or four months. Speaking to his 61k X followers, an analyst identified as Crypto_Scofield disclosed that the leading digital asset has gathered enough momentum to hit a six-figure price point. Interestingly, he believes that several other altcoins would be carried along in an unstoppable wave, setting them for new all-time highs. He also disclosed that altcoins would imitate the movement of Bitcoin.Â
According to Scofield, Floki may hit $0.005 in four months, Render (RNDR) may hit $80, and VeChain (VET) may hit $0.50.Â
Alts will follow #bitcoin soon
In the next 3/4 months, we will see the following:$BTC $150K$FET $22$INJ $350$ROSE $1$COTI $1$VET $0.50$BORK $0.009$FLOKI $0.005$OCEAN $10$RNDR $80$ZIG $1.50$ARC $0,45— Scofield (@Crypto_Scofield) March 11, 2024
As of press time, Render was trading at $11, after falling by 5% in the last 24 hours. Floki was also trading at $0.0002635 after declining by 8.6% in the last 24 hours. However, Solana (SOL) is trading at $152 after surging by 4.7% in the last 24 hours.Â
Currently, Bitcoin and altcoins seem to be in decline, however, analysts believe that this is the best chance to invest.Â
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