This famous analyst chips in

TL; DR

Bitcoin Rise: Bitcoin is up over 120% this year, currently trading at around $36,700. An analyst predicts that KALEO could rise to $40,000 by the end of the year, with a temporary dip to $34,000. XRP Growth: Bullish on XRP, the analyst expects the price to rise, helped by Ripple's partial legal victories with the SEC, with the current price reaching $0.66. Legal Impact on XRP: Positive legal outcomes from Ripple's battle with the SEC had a significant impact on XRP's market performance.

Table of Contents

Toggle

‘Just keep stacking up'

Bitcoin (BTC) has had an amazing year so far (compared to the second half of 2022), with a price increase of over 120% since January 1st. It is currently trading at $36,700 (according to CoinGecko data) some analysts predict. More lineup before the year.

One such example is X (Twitter) user KALEO. They believe that BTC has a chance to rise to $40,000 by the end of December. However, the analyst warned that the largest cryptocurrency by market capitalization could drop to $34,000 before heading north first. He also advised investors to increase their exposure to BTC.

#Bitcoin /$BTC

It wouldn't be surprising to see a wick drop to $34k at the bottom of this range before continuing to move up.

Just keep stacking up. pic.twitter.com/0Z9RdeHmGp

— KALEO (@CryptoKaleo) November 13, 2023

If you want to know how high Bitcoin can go according to some famous people, watch our exclusive video below.

Also aggressive in XRP

In addition to BTC, it also has a popular cryptocurrency analyzer. He predicted The price of XRP may increase in the future. They based the prediction on the assumption that US judges would reject the SEC's intention to appeal the ruling, marking Ripple's first court victory in the long-running case.

“Given the SEC's record on crypto-related issues, I'm buying the blood and taking a bet.”

Recall that in early October, Judge Torres denied the SEC's request. Court decision It is triggered It crossed the $0.50 mark and showed an increase in the price of XRP. The increase continued in the following weeks, and currently the price of Ripple's native token is around $0.66.