Experts Predict a Potential Bitcoin Price Drop to $60,000 - Are Presale Tokens the Optimal Crypto Investment Now?

Cryptocurrency specialists are issuing warnings — Bitcoin's value might plummet to $60,000 by January. 

Currently, BTC has fallen over 11% from its peak of $108k. Nonetheless, the ongoing decline in global money supply indicates that the crypto downturn might not be finished yet. 

Meanwhile, savvy investors are shifting their focus to presale tokens, with Wall Street Pepe being particularly sought after. 

Bitcoin Price Decline - Should You Consider Selling BTC?

Mark Newton, the Global Head of Technical Strategy at Fundstrat, suggests that Bitcoin's price may fall to $60,000 in early 2025. 

Although Fundstrat’s CEO, Thomas Lee, predicts that BTC will eventually reach $250,000 next year, a drop to $60,000 is a realistic possibility. A former White House Communications Director has also acknowledged this potential scenario.

Similarly, former Wall Street quant Tone Vays expresses concern over Bitcoin's stagnancy around $95,000. Vays points out that the odds of BTC falling below $92,000 have significantly risen, which might lead to a more severe drop to $73,000. 

Renowned trader Peter Brandt has also issued a warning to Bitcoin enthusiasts. A fall below the current expanding triangle on the BTC price chart could lead to a correction down to $70,000. 

Turning doubters into believers since day one. 🐸 ⚔️ pic.twitter.com/usPUfQnhvD

— Wall Street Pepe (@WEPEToken) December 26, 2024

Into The Cryptoverse’s Benjamin Cowan observes the similarities between Bitcoin and NASDAQ (QQQ). If BTC continues mirroring QQQ’s pattern, a sudden drop to $60,000 could occur, possibly around Donald Trump’s inauguration on January 20th. 

It's crucial for the bulls to maintain the $92,000 - $93,800 range in the near future. A sustained dip below this threshold might set the stage for the anticipated crypto declines. Conversely, a rise above $97,300 — and eventually reaching $100,000 — could usher in new all-time highs. 

In this optimistic scenario, leading analyst Ali Martinez suggests that Bitcoin's price could reach $168,500. 

Are Presale Tokens Now the Top Crypto Purchase?

Presale crypto tokens are gaining traction, particularly as Bitcoin and major altcoins face market turbulence. A CoinDesk report indicates that ICOs might see a resurgence in 2025, driven by clearer regulatory environments. 

Several presale tokens are already making waves, with experts considering them among the top crypto investments at present. 

For example, Wall Street Pepe (WEPE) has amassed almost $37 million in its ICO, fueled by significant whale interest and retail demand. 

Turning doubters into believers since day one. 🐸 ⚔️ pic.twitter.com/usPUfQnhvD

— Wall Street Pepe (@WEPEToken) December 26, 2024

Therefore, savvy investors are optimistic about frog meme coins, with many anticipating that Pepe could hit $50 billion by 2025. This outlook is encouraging for smaller frog-themed tokens, too. 

A key feature of Wall Street Pepe is its exclusive trading alpha group, granting all WEPE holders membership. The project aims to disrupt the dominance of large investors and offer smaller traders a competitive advantage. 

Consequently, the WEPE community will have access to advanced trading insights, expert strategies, and market analysis. Members can also propose their own trading setups and earn attractive rewards if successful. 

Additionally, WEPE holders benefit from the project's presale staking pool, which currently provides a 35% reward rate. 

Leading crypto investors have already embraced Wall Street Pepe’s potential, with many considering it one of the top cryptocurrencies to acquire now.

Visit Wall Street Pepe Presale

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.