As of the time of writing, a significant portion of altcoins has turned red, marking a loss of optimism since Friday. Investors looking towards 2025 anticipated a price rise in the first quarter, but with the second month of this quarter coming to an end, hopes are waning. What are the latest predictions from experts?
Expert Predictions on Cryptocurrency
BTC ($95,793.98) fluctuated between $96,700 and $95,227 over the last 24 hours, currently sitting at $95,700. With trading volumes dropping significantly, losses in altcoins are around 2%. Although ETH ($2,809.36) appears relatively strong, it struggles to maintain levels beyond $2,800 despite Bybit’s efforts to build reserves. There’s anticipation for the upcoming PCE data next week, which should spur some market activity.
Ali Charts shared the FLOKI chart, stating, “FLOKI may be advancing towards $0.00005, having exited a parallel channel!” Given the disinterest in meme coins, coupled with the negativity from tariffs, this scenario isn’t impossible. Consequently, the expected major rise in the first quarter might not materialize.