Crypto Analyst Predicts Major Surge for Altcoin, Bitcoin Set for Further Gains

A crypto strategist has made a bold predictions regarding the future of a popular altcoin, while also adjusting his outlook on Bitcoin's (BTC) trajectory.

Justin Bennett highlighted Curve Finance (CRV) as a token poised for significant growth. Despite some uncertainty about whether the price will dip before its rise, Bennett believes CRV could see a dramatic surge, with a price target of $6.80 if it stays above $0.87.

Currently trading at $1.11, CRV has seen a modest decline of 1% in the past 24 hours. However, reaching Bennett’s price projection would represent a staggering 515% increase from its present value.

Shifting his focus to Bitcoin, Bennett remarked that the recent achievement of hitting a six-figure price point is just the beginning. With the cryptocurrency showing strong support, he believes Bitcoin could break through the $105,000-$106,000 range, though he also suggested that the market could push even higher without much pause.

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While Bitcoin continues to dominate the market, Bennett noted that altcoins, which had a breakout November, may experience slower growth in December as BTC maintains its stronghold. He pointed to Bitcoin’s increasing market dominance as a sign that altcoins might face a cooling period while Bitcoin leads the charge.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.