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Crypto Banter: Bitcoin may surpass all-time high in the near future
The analyst of the Crypto Banter YouTube channel expressed his own vision of the state of affairs in the cryptocurrency market. The expert noted that the bitcoin rate BTC $94,418.26 Bitcoin -2.91% Market capitalization $1.87 trillion VOL. 24 hours $1.93 billion is approaching its record price highs, while altcoins are just starting to grow. The researcher put forward several hypothetical scenarios for the digital asset industry.
Crypto Banter noted that bitcoin quotes are likely to quickly overcome the historical maximum. In this case, the price of the flagship crypto asset could double in the coming months. The analyst emphasized that in 2013, 2017, and 2020, BTC quotes increased at least 2 times after breaking the ATH.
According to the expert, the growth of prices for bitcoin and altcoins may continue due to «active institutional buying.» At the same time, Dogecoin DOGE $0.12 Department Of Government Efficiency -3.27% Market capitalization $0.11 billion VOL. 24 hours $0.69 billion and meme coins are overcoming their historical highs and surpassing bitcoin in cycles. Virtual coins such as dogwifhat (WIF) can Binance/«>grab the attention of many investors.
Crypto Banter emphasized that it has studied several graphical models to determine possible reversals and crashes. However, nothing of the sort is expected in the near future. He assured that such altcoins as Casper, Ethereum BTC $94,418.26 Bitcoin -2.91% Market capitalization $1.87 trillion VOL. 24 hours $1.93 billion , Solana SOL $179.38 Solana -1.46% Market capitalization $85.98 billion VOL. 24 hours $0.64 billion , Avalanche AVAX $36.08 Binance-Peg Avalanche -3.85% Market capitalization $72.18 million VOL. 24 hours $76.66 million , and others are in an upward trend.
The analyst also advised to invest in cryptocurrencies with low market capitalization and keep an eye on them. In addition, he recommended paying attention to Injective, Polygon, Cosmos, Cardano, Filecoin, and Arweave.
No Worries strongly advises readers not to invest in dubious crypto projects and little-known digital tokens with low market capitalization, as this carries the risk of potential financial losses.