Last week, the cryptocurrency market continued to exhibit a combination of bullish and bearish trends, with Bitcoin and Ethereum showing mixed signals amidst overall market fluctuations. Bitcoin attempted a price recovery but faced persistent bearish trends, with trading closing around $64,095. Ethereum mirrored this volatility, consolidating after testing key resistance levels, hinting at both potential uptrends and downward trajectories. Smaller cryptocurrencies like NEAR and BONK outperformed, recording significant upticks of 33% and 32%, respectively. Amidst these movements, market analysts and AI chatbots predicted a bullish future for Bitcoin, projecting a rise to $80K-$100K by year-end, driven by factors including the halving event and anticipated institutional investments from newly approved spot ETFs.
