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Crypto analyst Wisdom Matic shared realistic price targets Bitcoin (BTC), Dogwifhat (WIF)again Phantom (FTM). The analyst suggested that these coins will reach these price levels in this bull run, although he did not say when exactly it will happen.
Bitcoin, Dogwifhat, and Fantom Access These Price Instruments
Wisdom Matic predicted in the X post that Bitcoin will reach $80,000, Dogwifhat will reach $7, and Fantom will reach $2. He said these are realistic targets compared to other forecasts, providing a better view of these coins. However, the analyst failed to say whether these price targets are representative top of the market with these coins or were the prices he expected these coins to reach quickly enough.
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However, based on the predictions of market experts, Wisdom Matic’s prediction will likely be a short-term target. Experts such as Standard Chartered and Bernstein have predicted that Bitcoin can reach at least $100,000 in this bull run. It is interesting that Standard Chartered predicted that BTC can reach this price level even before the US election on November 5. Meanwhile, they add that Bitcoin can reach $150,000 by the end of the year if Donald Trump wins the election.
Bernstein analysts predicted that Bitcoin could rise to $90,000 if Trump wins, although they still see the flagship rising above $100,000 before the market reaches its peak. Meanwhile, in a recent market update, the founder of 10x Research Markus Thielen predicted that Bitcoin could rise to $75,000 by the end of October as it currently breaks all time high (ATH) for $73,000.
Bitcoin’s rise to a new ATH this month is also supported by the fact that top cryptos often record double-digit gains in October. Therefore, a repeat of these double-digit gains will easily send the price of BTC above $70,000 and on its way to a new ATH.
Altcoins Again Boasting a Bullish Outlook
Dogwifhat again The Phantom it can undoubtedly reach the Wisdom Matic’s price points, as both boast a bullish outlook. As the leading meme coin in the Solana ecosystem, Dogwifhat moves alongside SOL and is sure to rise as SOL rises.
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Solana’s fundamentals are currently bullish, supporting the upside. Some of these fundamentals include the plan to launch the Solana Seeker mobile phone next year. Meanwhile, institutions like Franklin Templeton and Citibank want to use the Solana network for their token offerings. Wisdom Matic predicted that SOL will reach $350, representing the coin’s new ATH.
The Phantom idea is also up in the air because of its basics. Fantom is set to switch to Sonic sometime in November or December of this year. Sonic will work with EVM, ensuring that decentralized applications (dApps) on other EVM chains can be integrated into the network. Andre Cronje, the founder of Sonic also revealed the potential financial systems (DeFi) of the Sonic ecosystem, which is also powerful for the price of FTM as it can help in the discovery of the coin among DeFi users.
The featured image was created with Dall.E, a chart from Tradingview.com