Bitcoin Nears $91,000 as LINK, TAO, NEAR Show Promising Gains
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Bitcoin Recovery: Bitcoin's price approaches $91,000 as the holiday season concludes, with market trading activities set to resume, potentially driving a revival in the cryptocurrency market and sparking a bullish phase.
- Promising Altcoins: Analyst Sherpa identifies LINK, TAO, and NEAR Coin as the top three altcoins with potential, expected to yield returns between 15% and 30%, with some even surpassing 50% as the market warms up.
- Market Dynamics: With the arrival of the first week of January, trading volumes are anticipated to recover, as institutional investors and fund managers re-enter the market, potentially altering Bitcoin's price volatility patterns.
- Investor Confidence: Analyst Mikybull highlights that Bitcoin prices typically bottom out during peak investor fear, suggesting a strong rebound could occur around January 5, further boosting market confidence.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
