Bitcoin returns above 93 thousand dollars: Will alternative currencies witness a recovery in the near future?
Bitcoin (BTC) has reclaimed the 93 thousand dollar level after a period of recovery since Monday, sparking a discussion among experts about the trajectory of the digital currency in the coming period. Despite the cautious optimism among some analysts, who see a change in risk appetite in the cryptocurrency market, the rise at this level may face new resistance, especially at 100 thousand dollars and 107 thousand dollars, according to forecasts.
On the other hand, the CryptoBullet platform expects that alternative currencies may see a recovery soon after a noticeable drop in the price of Bitcoin, considering this similar to what happened in 2019 and 2020. Nevertheless, the platform anticipates a sharp decline in the price of Bitcoin in 2026, which could provide new opportunities for alternative currencies.
