Bitcoin, which is trading at $30,300 as we write this article, is not at the top of its game. However, it continues to make a remarkable ascent, discreetly so. How high can it go? $35,000, $50,000, $100,000 or $1 million? Many are predicting an imminent bull run for BTC. And they are totally right to bet on it because the current indicators do not lie.
Five months ago, Bitcoin was trading below $16,000. Enthusiasts were feeling down at that time, but they were not giving up. Now they're seeing their bravery pay off: the cryptocurrency is selling for over $28,000 a coin. That's enough to make the people who have been waiting for the bull run cheer for a long time. But not for Nicholas Merten, a notorious analyst in the cryptosphere.
The crypto market seems to be regaining height since the beginning of the year. Some Altcoins are gradually climbing back up after hitting their DIPs. Price forecasts could be positive for some tokens, estimates this crypto analyst. He analyzed FTM, XRP, Cardano and Solana, cryptos that have shown a bull…