Cryptocurrencies Forecast: A Potential Skyrocket in Value for Bitcoin and Ethereum within the Upcoming Week
Are Crypto Prices About to Skyrocket? A Look at Bitcoin and Ethereum's Future
Get ready for an exhilarating week in the world of cryptocurrencies! With recent developments, there's a lot to keep an eye on for Bitcoin and Ethereum. Let's take a closer look at what could happen in the upcoming days and why things might get intense.
Trump and Cryptocurrencies - then and now
Back in 2017, after Trump's election, Bitcoin saw a significant rally. Ethereum also experienced growth, as investors hoped for friendlier regulations for cryptocurrencies under Donald Trump and even speculated about a potential Bitcoin reserve by the President.
However, at the turn of the year, the Fed's interest rate policy seemed to tighten, leaving investors to question whether Trump would fully embrace cryptocurrencies as anticipated. Bitcoin specialist Roman Reher shared his thoughts on this matter, expressing concern that investor expectations for Trump and Bitcoin might lead to major disappointment during the days surrounding Trump's inauguration.
So, what can investors expect now for Bitcoin and Ethereum?
Might we witness a crash followed by an incredible surge? Listen to what crypto analyst Roman Reher has to say about Trump's inauguration:
Investors' Strategy: Navigating the Crypto Market
Here's the gist: If Bitcoin falls below $93,000, it could lead to a sell-off to the 20-week line around $80,000. In such a scenario, altcoins like Ethereum could experience a tumble. But if Bitcoin holds above $93,000 (now an essential Fibonacci level and strong support), there are two possible scenarios:
- Bitcoin may remain flat, in which case investors should remain patient.
- If Trump's statements or new investments by Microstrategy or others spark fresh enthusiasm, Bitcoin could potentially reach $119,000. In this case, we'll need to see what measures Trump takes regarding monetary policy and cryptocurrencies, given his ongoing feud with the Fed.
One thing is certain: The coming days promise volatility. Even after the inauguration, things could get even more interesting. Investors must prepare their portfolios for potential pullbacks but also remain open to opportunities for gains. BÖRSE ONLINE still anticipates Bitcoin to reach $150,000 to $180,000 by the end of the year and Ethereum to reach $12,000 to $15,000 in the first quarter of 2026.
Investors looking to benefit from this trend can check out the BÖRSE ONLINE Best of Krypto Index and find the best crypto brokers here.
Also read: Build a Perfect Portfolio with These ETFs - 30, 40, 50, or 60 Years
or: Explore 12 Hot Stocks - Analysts' Latest Favorites
DisclosureThe author holds direct positions in Bitcoin and Ethereum, which could potentially benefit from the economic developments mentioned in the publication.
The Board and majority shareholder of the publisher Börsenmedien AG, Bernd Förtsch, has directly and indirectly invested in Bitcoin and Ethereum, which could benefit from any price movements resulting from the publication.
The implication of Trump's inauguration could have significant effects on Bitcoin, as it is essential to watch out for potential fall below $93,000, which could trigger a sell-off to the 20-week line around $80,000, affecting altcoins like Ethereum. If Bitcoin holds above this level, there could be a potential surge to $119,000, depending on Trump's statements or fresh investments in the market. Given this volatility, investors should prepare their portfolios for potential pullbacks, while remaining open to opportunities for gains in both Bitcoin and Ethereum.
