Cryptocurrency analyst Kaleo predicts that Bitcoin will enter a bull season but may see a drop to under $82,000 before rallying to over $120,000. They also anticipate a positive outlook for the Polkadot/Bitcoin pair, stating that Polkadot is set to rise from major support levels. Kaleo believes that the altcoin market still has room for significant growth, especially with the increased regulatory support and government involvement in the crypto industry. They expect the next phase of the market cycle to include developments in both meme coins and non-fungible tokens (NFTs), as well as advancements in real technology and adoption.
Bitcoin Flashing Early Signs of Bullish Divergence, According to Crypto Analyst – Here’s His Outlook