Analyst Predicts Further Growth in Digital Assets Despite Cycle Top Concerns
- Pseudonymous trader Altcoin Sherpa suggests digital assets can still rally due to a favorable macro environment and pro-crypto US government.
- Bitcoin is close to achieving a new all-time high, with current trading around $105,836.
- Bitcoin has been consolidating above $90,000 for months, showing signs of expansion.
- Altcoins have experienced time-based capitulation and may see another run before the cycle ends.
- Q1 is historically bullish for crypto markets.
Altcoin Sherpa believes the crypto bull run isn’t over yet, citing favorable conditions and historical trends as indicators of potential further growth. Bitcoin’s consolidation above $90,000 supports this outlook.
Source (2.6)https://dailyhodl.com/2025/01/22/crypto-cycle-peak-analyst-outlines-nine-reasons-bitcoin-and-altcoins-can-still-ignite-strong-pumps/?rand=59076
