This article is also available in Spanish.
crypto analyst Wisdom Matic has shared realistic price targets for bitcoin (btc), Dog hat (WIF)and Phantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he did not say when exactly it would happen.
bitcoin, Dogwifhat and Fantom will reach 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 stated that these were realistic targets compared to other predictions, providing a more bullish outlook for these coins. However, the analyst did not state whether these price targets represented the top of the market for these coins or were the prices I expected these coins to reach soon enough.
Related reading
However, according to market experts' predictions, Wisdom Matic's predictions will likely be short-term targets. Experts such as Standard Chartered and Bernstein have predicted that bitcoin could reach at least $100,000 in this bull run. Curiously, bitcoin-pre-us-elections/” rel=”nofollow”>Standard Chartered planned 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.
bitcoin-reach-90k-with-trump-win-what-about-harris/” rel=”nofollow”>Bernstein analysts predicted that bitcoin could rise as high as $90,000 if Trump wins, although they still see the flagship going above $100,000 before the market peaks. Meanwhile, in a recent market update, the founder of 10x Research crypto-rally-expected-in-q4-2024-with-exceptionally-high-chances-analyst/” rel=”nofollow”>Markus Thielen predicted that bitcoin could rise to $75,000 by the end of October when it breaks its current bitcoin-breaks-through-69000-setting-new-record/” rel=”nofollow”>all-time high (ATH) of 73,000 dollars.
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 btc price above $70,000 and on its way to a new ATH.
Altcoins also have bullish prospects
dog hat and Ghost It can certainly meet Wisdom Matic's price targets as both have bullish outlooks. As the most important meme coin in the Solana ecosystem, Dogwifhat is advancing alongside SOL and will surely increase as SOL increases.
Related reading
Solana fundamentals are currently bullish, supporting the price increase. Some of these bullish fundamentals include the plan to launch the Solana Seeker mobile next year. Meanwhile, institutions like crypto-index-etf/” rel=”nofollow”>Franklin Templeton and Citibank want to adopt the Solana network for their tokenized offerings. Wisdom Matic predicted that SOL will reach $350, representing a new ATH for the coin.
Fantom's outlook is also bullish due to its fundamentals. Fantom is ready to transition to Sonic Sometime in November or December of this year. Sonic will be compatible with EVM, ensuring that decentralized applications (dApps) from other EVM chains can be integrated into the network. Andre Cronje, co-founder of Sonic, also hinted at possible decentralized finance (DeFi) plans for the Sonic ecosystem, which is also bullish for FTM price as it could help the adoption of the coin among DeFi users.
Featured image created with Dall.E, chart from Tradingview.com
