CandleFocus ETH Nears End of Bullish Falling Edge Formation, Analysts Predict Major Parabolic Pump Soon
2025-01-30
Author: Content Editor
The price of Bitcoin is expected to remain in a sideways movement until it can surpass the $106,000 range, at which point it may reach its next all-time high target of $120,000. Analysts also anticipate a potential surge in the prices of altcoins, particularly Ethereum, in the first quarter of 2025, following the historical trend of an altseason peak in Q1 after a Bitcoin Halving year. Additionally, Ethereum's price has shown a pattern of pumping after a falling wedge formation, and similar patterns are emerging in 2025.
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