As expected, because of the recent BTC price surge other altcoin are on the move upward, and I'm sure a lot of people saw this coming, but I think the real question now is how long this trend would last.
Because we've been here a couple of time, and it would be cool if we can put a timeline on this, if it's just a temporary move, and even if it isn't, how long can we expect the bullish trend to last.
Not all or only some altcoins, right?
Bitcoin is now at the moment where it will go to the moon. Various analyzes are made if Bitcoin will break the latest price record. Some predict it will reach a price of $150k, $170k to $200k. Based on their considerations, this will happen in 2025. Seeing the state of the market, the analysis given by me is correct even though the name of the prediction is not 100% correct, but the direction is very strong if the prediction of Bitcoin's highest price will occur this year.
If there are no events that would push the broader markets into the pullback - then yeah, we may see it pretty soon.
Clearly, it still should happen within the reach of this year, because BTC acquires all the support it needs to do so from big capital especially.