Elite Analyst Sets This Bitcoin (BTC) Price Target, Foresees PEPE Meme Coin Surge in 2024 – Here’s His Outlook
Crypto analyst Ardizor has made bold predictions for the crypto market, setting high expectations for Bitcoin and the meme coin Pepe. Ardizor anticipates that Bitcoin (BTC) will reach an all-time high between $100K and $150K in the current bull cycle.
Additionally, he predicts that Pepe (PEPE) will achieve a $10 billion market cap by the end of 2024. These forecasts have generated considerable buzz within the crypto community.
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Bitcoin’s (BTC) Price Prediction
Ardizor’s prediction aligns with the sentiments of other analysts, including CryptoJelleNL, who maintains that Bitcoin is on track to hit $100,000. Despite price declines, with Bitcoin trading at $65,915.19—reflecting a 0.98% dip over the past 24 hours and a 5.01% drop in the past week—there is optimism about a bullish trend.
Crypto analyst CryptoJelleNL, echoing Ardizor’s bullish stance, highlighted the presence of a daily ascending triangle pattern in Bitcoin’s price movement. In his tweet, he noted the possibility of a “Red Monday, green week,” implying that despite short-term declines, Bitcoin could see gains over the week.
He sets his target for Bitcoin at $100,000, reinforcing the optimism shared by other analysts like Ardizor. This pattern, a technical analysis indicator, often signals a continuation of an upward trend, adding credibility to the forecast of a substantial price surge for Bitcoin.
Read also: Cardano Founder Explains the ‘Real’ Reason ADA Will Flip Bitcoin (BTC)
PEPE Price Prediction
Besides Bitcoin, Ardizor is bullish on Pepe, a meme coin that has gained attention in recent months. Currently, Pepe is priced at $0.00001162, experiencing a 3.21% decline in the last day and an 8.04% drop over the past week. Despite this, Ardizor confidently predicts that Pepe will hit a $10 billion market cap by the end of 2024, signaling growth potential.
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Show more +Anticipated Altcoin Rally
Moreover, Ardizor forecasts a major rally in the altcoin market towards late 2024 and early 2025. He expects many altcoins to reach new ATHs, driven by market dynamics and investor sentiment. This anticipated rally could provide substantial opportunities for investors looking to diversify their portfolios.
Ardizor’s predictions of Bitcoin reaching up to $150,000, Pepe achieving a $10 billion market cap, and an altcoin rally highlight potential opportunities in the crypto space. hence, these forecasts, supported by market analysis and patterns, contribute to the growing excitement and speculation within the crypto community.
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