Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins?

Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins?
A crypto analyst has predicted that Bitcoin (BTC) will surge to $100,000 in a few years. At the same time, he has expressed skepticism about the potential for altcoins to embark on a similar bullish trajectory to new highs.   Bitcoin Anticipated To Hit $100,000 In an X (formerly Twitter) post on June 8, a crypto analyst identified as ‘DonAlt,’ disclosed that he was more pessimistic on altcoins than Bitcoin, the world’s largest cryptocurrency. DonAlt believes that Bitcoin could witness a mega rally, pushing its price to trade at $100,000 in the coming years.  Related Reading: Crypto Whales Buy The Dip As $22 Million In XRP Flows Out Of Binance Considering the inflows into Spot Bitcoin ETFs and numerous forecasts of an upcoming bull run, a $100,000 price target for Bitcoin seems increasingly plausible. Moreover, numerous market experts, including DonAlt, have maintained an optimistic outlook for Bitcoin, predicting major bull rallies for the cryptocurrency. Specifically, Standard Chartered has projected a price increase to $250,000 and Bernstein analysts anticipate a surge to $200,000 for Bitcoin.  In contrast, altcoins have been underperforming significantly, influenced by broader ma ..

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