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Analysts predict: BTC peaked at $145,000 and is now in a pullback, the altcoin bull run is coming soon.
On July 16, a user on a certain social media platform expressed the view that, "I believe we have seen the short-term top of Bitcoin in July as expected, and it could reach around $145,000 by the end of the month. Subsequently, a sharp pullback is expected, falling back to $110,000. In the next 1 to 2 months, we will witness a strong bull run in alts, which is when everyone will truly start to experience fear of missing out (FOMO)."
Bitcoin's dominance has lasted too long, and alts are gradually rising. When the fourth quarter arrives and the Federal Reserve starts to cut interest rates, Bitcoin will usher in a new round of increases, possibly rising to between 160,000 and 240,000 dollars.