In the recent week, the top crypto asset Bitcoin ($BTC) witnessed sideways movement. As per the anticipations, the prominent crypto token had the chance of moving from 64k to 77k in the long run and it is moving in that direction effectively. Doctor Profit, a prominent cryptocurrency analyst, has once again predicted the future price again of top crypto coins for the next week. As per him, BNB will be heading towards $700 while SOL will target $250 this week. $80k is the prediction for *BTC* this week. Ethereum will also begin its pre-ETF pump towards $4800.
#Bitcoin – What's Next?
— Doctor Profit
The big Sunday report, all you need to know:TA/LCA/Psychological Analysis: In last week's Sunday report, we discussed an anticipated sideways movement in the larger timeframe between 64k and 77k. As observed, Bitcoin is perfectly moving in this… pic.twitter.com/O9naVqFFzd
(@DrProfitCrypto) March 17, 2024
Bitcoin’s Sideways Price Movement Elevates Altcoins Like ETH, BNB, and SOL
A price fluctuation under the twenty percent range is ordinary in the market capitalization. Several retail sellers have reportedly taken action on the short-term price movement, increasing a bearish momentum. Despite this, many people appear to neglect that the token has not yet entered its super cycle.
The pre-bull as well as the 2nd pre-bull phases of Bitcoin have played a significant role in elevating excitement. At present the token is moving sideways however this is a topic of debate among the analysts. According to the prediction, *BNB*, *ETH*, SOL, as well as the other well-known tokens will shortly touch the latest all-time highs.
The reports pointed out that BNB saw a price jump of nearly thirty-five percent while *SOL* elevated by up to forty percent. Such price spikes within just one week are quite optimistic about the further price progress of the tokens. ETH, despite following Bitcoin in making a price correction, is moving forward toward its exclusive ATH.
The Bullish Market Before Bitcoin Halving Signifies an Impending Massive Opportunity
To increase the value of the altcoins, a huge jump is needed in the price of BTC and a dip in its market dominance. The latter is presently happening. The recent week’s price decline of Bitcoin has effectively resulted in offering new openings for altcoins. The market is currently very bullish while the halving is only thirty days away.
