The crypto market has been in a downward spiral since the start of the second quarter. Despite the successful completion of the fourth Bitcoin halving two weeks ago, the overall market metrics indicate bears have the upper hand in the market.
The market might be reflecting uncertainty and fear, but analysts are confident of a bullish comeback in May. The increasing buying pressure on BTC is expected to trigger upward movements in its price and in many other altcoins in the market.
Bitgert , a top-performing altcoin, is expected to surge next as the imminent rally draws near. This innovative project has been projected to deliver sky-high profits in the short term.
Let’s review the specifics.
Increased Bullish Pressure Could Upside Current Bearish Trend
Almost two months have passed since Bitcoin bulls broke past the $72,000 mark and set a new all-time peak. However, since then, BTC has swung into the red, following significant corrections and crashing down by double digits, with an approximate decline of 18% over the last month.
Investors, however, have seen this dip in price as an opportunity to exploit the market. This has reflected in the market activity surrounding Bitcoin; it recently witnessed massive buying demand and consequently broke the $65,500 resistance level. A surge in Bitcoin’s market and bull market is expected to succeed the increase in demand as bulls continue to push.
The dominance of Bitcoin remains on the rise; hence, experts predict top altcoins like Bitgert could rally by over 600% next week.
Investors Flocking into Bitgert
Bitgert, an innovative crypto solution in the market, has been one of the top performing altcoins in the market. Bitgert enjoyed successive pumps while the market
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