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Crypto analyst Wisdom Matic shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF)AND Spectrum (FTM). The analyst suggested that these coins will reach this price level during the bull market, although he did not specify when exactly this will happen.
Bitcoin, Dogwifhat and Fantom to reach these price targets
Wisdom Matic predicted in post X that Bitcoin would reach $80,000, Dogwifhat would reach $7, and Fantom would reach $2. He claimed that these are realistic targets compared to other projections, providing a more bullish outlook for these coins. However, the analyst did not specify whether these price targets represent market peak for these coins, or did he expect these coins to reach prices quickly enough.
However, based on market experts’ predictions, Wisdom Matic’s predictions are likely to be short-term goals. Experts such as Standard Chartered and Bernstein have predicted that Bitcoin could reach at least $100,000 in this bull market. Interestingly, Standard Chartered was anticipated that BTC may reach this price level before the US elections on November 5. Meanwhile, they added that Bitcoin could reach $150,000 by the end of the year if Donald Trump wins the election.
Bernstein analysts predicted that Bitcoin could rise as high as $90,000 if Trump wins, although they still see the flagship rising above $100,000 before the market tops. Meanwhile, in the latest market update, the founder of 10x Research Markus Thielen predicted that Bitcoin could surge to $75,000 by the end of October if it breaks its current rate highest level ever (ATH) amount of $73,000.
Bitcoin’s promotion to a modern ATH this month also confirms the fact that the flagship cryptocurrency usually records double-digit profits in October. Therefore, a repeat of these double-digit gains would easily push the BTC price above $70,000 and towards modern ATH.
Altcoins also boast a bullish outlook
Doggie AND Phantom can undoubtedly achieve Wisdom Matic’s price targets as both companies boast bullish prospects. As the most crucial meme coin in the Solana ecosystem, Dogwifhat moves with SOL and will certainly augment as SOL increases in value.
Solana’s fundamentals are currently bullish, which supports price growth. Some of these bullish fundamentals include the plan to launch the Solana Seeker mobile phone next year. Meanwhile, institutions such as Franklin Templeton and Citibank want to apply the Solana network in their tokenized offerings. Wisdom Matic predicted that SOL would reach $350, which is the modern ATH for the coin.
Phantom’s outlook is also bullish due to its fundamentals. The Phantom is to switch to Sonic sometime in November or December this year. Sonic will be compatible with EVM, which will provide the ability to integrate decentralized applications (dApps) on other EVM chains into the network. Andre Cronje, co-founder of Sonic, also hinted at potential decentralized finance (DeFi) plans for the Sonic ecosystem, which is also bullish for the FTM price as it could lend a hand drive adoption of the coin among DeFi users.
Featured image created with Dall.E, chart from Tradingview.com
