The cryptocurrency market is expected to enter a bull market later this year and Bitcoin, along with altcoins, are expected to react to it already. As cryptocurrency investors eagerly await this bull run, a cryptocurrency analyst has revealed where they expect the prices of six cryptocurrencies to go.

Bitcoin and Altcoins ready to move

As Bitcoin and altcoins start to surge, Crypto analyst Emily revealed where she thinks the prices of major cryptocurrencies will go. The analyst starts with Bitcoin, giving it a headline price, before moving on to other altcoins.

In the case of Bitcoin Crypto, Emily believes that the price of the most vital cryptocurrency will rise to $100,000, joining the ranks of Bitcoin supporters who believe this is possible. From the current price, this is a price move of less than 50% for the leading cryptocurrency, suggesting it is possible.

Then moving forward, the cryptocurrency analyst turns his attention to altcoins. The first altcoin is Ethereum, which is the second largest cryptocurrency on the market. Despite Ethereum not breaking $4,000, the cryptocurrency analyst expects the altcoin price to eventually hit $10,000 as it is inevitable.

This bullish trend is spilling over to other larger altcoins besides Bitcoin and Ethereum. For example, Crypto Emily makes similar predictions for both Solana price and BNB price. She expected Solana to boost another 600% to reach $1,000 from there, and then BNB to boost by almost 50% to reach the same $1,000.

Moving forward, the next altcoins to make the list are Polygon’s XRP and MATIC. The cryptocurrency analyst believes that both of these digital assets will eventually reach $10, which implies a similar price boost for both of them. However, what is even more fascinating is how both of these altcoins have performed over the past year.

100 thousand dollars is inevitable #Bitcoin

10 thousand dollars is inevitable #ETH

$1000 is inevitable #SALT & #BNB

$10 is inevitable $XRP & $MATIC

What are your goals?

— Emily’s Universe 💎 (@Crypto__emily) June 2, 2024

While Bitcoin and Ethereum have seen significant growth this year, both XRP and MATIC have not made any significant moves. The XRP price is still over 83% below its all-time high of $3.84, and the MATIC price is still 75% below its all-time high of $2.92. Together, this represents some of the worst performance seen among immense altcoins over the past year.

Nevertheless, for now, cryptocurrency growth seems distant as Bitcoin and altcoins continue to struggle in the market. Given the cryptocurrency market’s dependence on Bitcoin to start the next bull market, a break towards $80,000 will likely start the next bull market. In this case, altcoins are expected to run in parallel with it, setting up-to-date all-time highs as well.

Featured image created with Dall.E, chart from Tradingview.com