This article is available in Spanish.
Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dog hat (WIF)And Fantom (FTM). The analyst suggested that these coins would reach this price level during this bull run, although he did not say when exactly this would happen.
Bitcoin, Dogwifhat and Fantom to achieve these price targets
Wisdom Matic predicted in an X-post that Bitcoin would reach $80,000, Dogwifhat would reach $7 and Fantom would reach $2. He claimed that these were realistic targets compared to other forecasts, providing a more bullish outlook for these coins. However, the analyst failed to mention whether these price targets represented the price targets market at the top for these coins or were the prices at which he expected these coins to rise quickly enough.
Related reading
However, based on the predictions of market experts, Wisdom Matic’s predictions are likely to be short-term targets. Experts like Standard Chartered and Bernstein have predicted that Bitcoin could reach at least $100,000 in this bull run. Interestingly enough, Standard Chartered predicted that BTC could reach this price level even before the US elections on November 5. Meanwhile, they added that Bitcoin could reach $150,000 by the end of the year if Donald Trump wins the election.
Bernstein analysts predicted this that Bitcoin could rise as high as $90,000 if Trump wins, although they still see the flagship rising above $100,000 before the market peaks. Meanwhile, in a recent market update, founder of 10x Research Markus Thielen predicted it that Bitcoin could rise to $75,000 by the end of October if it breaks its flow all-time high (ATH) of $73,000.
Bitcoin’s rise to a new ATH this month is also supported by the fact that the flagship crypto usually posts double-digit gains in October. Therefore, a repeat of these double-digit gains would easily send the BTC price above $70,000 and on its way to a new ATH.
The Altcoins also offer a bullish outlook
Dog hat And Phantom can undoubtedly meet Wisdom Matic’s price targets, as they both have a bullish outlook. As the top meme coin in the Solana ecosystem, Dogwifhat moves alongside SOL and will surely rise as SOL rises.
Related reading
Solana’s fundamentals are currently bullish, supporting price appreciation. Some of these bullish fundamentals include the plan to launch the mobile Solana Seeker next year. Meanwhile, institutions like it Franklin Templeton and Citibank are looking to adopt the Solana network for their tokenized offerings. Wisdom Matic predicted that SOL will reach $350, which represents a new ATH for the coin.
Fantom’s outlook is also bullish due to fundamentals. Fantom is about to switch to Sonic sometime in November or December this year. Sonic will be EVM compatible, allowing decentralized applications (dApps) to be integrated into the network on other EVM chains. Andre Cronje, the co-founder of Sonic, has also hinted at potential decentralized finance (DeFi) plans for the Sonic ecosystem, which is also bullish on the FTM price as it could drive adoption of the coin among DeFi users .
Featured image created with Dall.E, chart from Tradingview.com
