Bitcoin’s Range-Bound Trading Ethereum Could Benefit, Analysts Say
Feb 21, 2025
< 1 min read
by Lipika Deka
for CoinEdition

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- Bitcoin remains stagnant, but analysts predict a surge past $100K, with Ethereum potentially surpassing $3K
- Ethereum’s TD Sequential indicator signals a rebound on the hourly chart, suggesting potential upside momentum
- Experts warn against shorting low-volatility markets, citing historical Bollinger Band width patterns
Bitcoin’s been in a rut lately and traders are growing restless as the market consolidates. However, renowned analyst Michael van de Poppe sees Bitcoin’s lackluster price action in a positive light. He thinks BTC’s ‘boring state’ could benefit altcoins, with Ethereum as a key contender.
The expert predicts that Bitcoin could break $100K, while Ethereum might surpass $3K. Historically, such a sideways price trend in Bitcoin has led to significant altcoin rallies.
Analyst Warns Against Shorting Low Volatility Market
At the same time, another analyst has …
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