Altcoin Daily Sees $150k BTC Target Ahead Amid Resilient Crypto Fundamentals
Altcoin Daily is holding out hope for Bitcoin's price to reach $150k by Q4, despite some cautious views on the crypto market. According to their analysis, the current price action on the 4h chart shows BTC trading at $79,991.32 within the Bollinger Bands with upper resistance at $79,562.74.
The EMA50 at $77,429.52 and EMA200 at $71,056.51 anchor the bullish trend structure, which is supported by a MACD golden cross at 43.96. However, the neutral RSI at 57.24 suggests a measured pullback toward the 50-EMA before any extension higher.
This comes as part of the accelerating tokenization movement, which Altcoin Daily praises for its resilience in the crypto market.