"Cryptocurrency Market, Peak Not Yet...Altcoin Season is Coming"

Source
Uk Jin

Summary

  • Analyst Henrik Zeberg assessed the probability of the cryptocurrency market's peak as low as 5%.
  • He emphasized the potential for growth by suggesting a maximum target price for Bitcoin at $140,000.
  • Zeberg stated that during the altcoin season, major altcoins and meme coins will lead the market.

There is an opinion that the peak of the cryptocurrency market has not yet arrived.

According to The Daily Hodl, a cryptocurrency specialist media outlet, Henrik Zeberg, an analyst at Swissblock, argued that the probability of the cryptocurrency market having already reached its peak is only 5%. He stated, "There are no signs that the cryptocurrency market has reached its peak at this point," and added, "I still see an altcoin season coming."

He predicted the maximum target price for Bitcoin (BTC) to be $140,000. Zeberg said, "I think people are too negative right now," and added, "I see the target price for Bitcoin as $123,000 to $125,000. The maximum target is $140,000."

Meanwhile, Zeberg predicted that if the altcoin season comes, major altcoins and meme coins will dominate the market.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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