While the entire crypto market is trading in the green, Bitcoin and other major cryptocurrencies continue to gain ground. Bitcoin continued its upward trend for the seventh day in a row. Ethereum, the second-largest cryptocurrency, also saw a rise alongside the majority of altcoins.
What’s Next For Bitcoin and Altcoins?
According to Popular crypto analyst DustyBC, Bitcoin, the most valuable cryptocurrency by market capitalization, will increase and cross the $80k mark in the next two to four months, as he sets some high expectations for BTC and other cryptocurrencies.
Bitcoin has surpassed the $47,000 milestone. At the time of writing BTC is trading at $47,543 and is down by one percent in the last 24 hours.
Similarly, the majority of big altcoins are trading in the green. Before correcting downward, ETH continued to rise over the $3,350 and $3,400 marks. ADA touched $1.245 while XRP soared and tested the $0.90 resistance.
The Analyst also throwed some light on Major altcoins. As per dustyBC, In the following months Solana’s price might cross the $180 level and approach $240.
The SOL price, on the other hand, is surging forward this week, having easily breached the $100 threshold. Solana supporters may see a 40% increase in the near future.
The price of Ripple had climbed to $0.91. The price corrected shortly after achieving the goal, confirming the prior $0.85 resistance as resistance. In the last 24 hours, the coin, which is presently trading at $0.86, has lost more than 2% of its value. In the coming months, XRP is expected to trade between $7 and $10.
DustyBC, has also given targets to Polkadot and Vechain. DOT, he predicts, will rally to $80 and then hit the $100 milestone. VET has a target price of $0.25 to $0.65.