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The crypto market continues to struggle after a massive sell-off in the past several days. However, as investors eye opportunities, multiple coins including Bitcoin Pepe (BPEP) could mirror an anticipated bounce for Bitcoin (BTC).
With BTC resilient at support levels and showing signs of a bullish flip, could this portend similar price predictions for BPEP?
Analysts on market outlook
According to QCP Capital, the sell-off in stocks and crypto has come as post-election optimism fades and as bearish sentiment peaks amid tariffs concerns and recession fears. But while the market’s reaction, with the S&P 500 and Nasdaq plunging 2.7% and 3.8% and Bitcoin dipping below $80k, the analysts forecast a potential bounce.
“Not all signals are bearish,” QCP wrote in a note on Tuesday.
The 10-year Treasury yields falling approximately 60 bps and the US dollar weakening are factors that have historically supported US equities and crypto.
“Markets are at an inflection point,” the digital asset platform noted. “Some see this as a shakeout before a rebound, while others fear deeper cracks in US exceptionalism.”
Bitcoin price prediction
Crypto Tony, an analyst with over 500k followers on X, predicts the potential for a bounce before the market sees a final dip.
“After a big move, or what we have seen a big dump, the market will need liquidity to continue the movement. This is where we see a counter trend move to gravitate towards the block of liquidity. This is what I think we are seeing now. Counter move before the final dip,” he posted.
It means a bounce for Bitcoin, with a pullback likely to align with Arthur Hayes’ forecast of a bearish retest of $75k or lower.
Michael van de Poppe says Bitcoin price could retest highs of $92k in the short term if bulls break above the $82.5-83.5k range.
Overall, experts say the pro-crypto environment in the US and other catalysts could push Bitcoin price above its $109k peak in coming months. Targets in the $120k-$200k for 2025 remain on the table.
Bitcoin Pepe price prediction
Bitcoin Pepe (BPEP), dubbed “the world’s only Bitcoin meme ICO,” is gaining traction as presale spikes to over $4.5 million.
Per the official site, Bitcoin Pepe is in stage 6 of its presale and is on fire as investors aggressively position. With a layer 2 solution for bringing Solana to Bitcoin with a touch of meme flair in the works, analysts are bullish on the native token’s potential performance.
The key is the intrigue that Bitcoin Pepe has spread across the market following Bitcoin and Solana prices exploding in 2024. Positive regulatory outlook for memecoins and huge predictions for Bitcoin indicate a blend of SOL enthusiasm in BPEP could see it skyrocket post-presale.
Currently, Bitcoin Pepe price hovers around $0.0268 and will jump to $0.0281 in the next stage. BPEP will rise further through the remaining presale stages, offering a 5% surge at each stage. Cumulative unrealized gains could reach as high as 300% for early buyers, while BTC going parabolic and Bitcoin Pepe debuting on exchanges will be a big boost for BPEP.
To find out more about Bitcoin Pepe, visit the official site.
The post Bitcoin Pepe price outlook: Will BPEP explode amid BTC bounce? appeared first on CoinJournal.