With Q4 2024 about to begin, excitement is building in the crypto market.
One well-known analyst has even issued an enormous price prediction for Bitcoin (BTC).
Crypto All-Stars (STARS) is also generating attention – but can it really explode as many expect it to?
CryptosRUs, a popular analyst with over 760,000 YouTube subscribers, has the crypto community buzzed with his latest prediction.
In a recent video titled “The Bitcoin Banana Zone is Here,” he laid out a strong case for why Bitcoin could be about to rally.
CryptosRUs pointed to a few key factors that suggest bullishness is ahead.
First, he noted that over $1 billion has flowed into Bitcoin in the past two weeks, mainly thanks to continued interest in the spot BTC ETFs.
These inflows are creating a supply crunch that could keep pushing price higher.
Second, he highlighted a bullish crossover on the 5-day chart, suggesting Bitcoin could see a 70-79% rise.
If things play out as they have in the past, CryptosRUs believes Bitcoin might hit the $110,000 level before the end of the year.
That would represent a 72% increase from the coin’s current price.
Unsurprisingly, this bold call has caught the attention of investors.
CryptosRUs went beyond just Bitcoin price predictions.
He also explored some trends that could shake up the entire crypto market.
One key point was that BNY Mellon recently got SEC approval for Bitcoin custody services.
This isn’t just a win for one bank – it’s a sign that Wall Street as a whole is warming up to crypto in a big way.
CryptosRUs also pointed out a major milestone: one million wallets now hold at least one BTC.
That’s seen as a strong indicator of Bitcoin’s growing popularity worldwide.
And then there’s the supply constraints.
Unlike previous cycles, the amount of Bitcoin available on exchanges is dropping fast.
With fewer coins to go around, BTC’s price could rocket.
However, CryptosRUs did display some cautiousness, too.
He didn’t endorse Plan B’s wild $1 million BTC prediction, believing such a forecast is out of the realms of possibility.
Still, it’s clear he’s bullish on Bitcoin overall.
And if his own $110,000 target comes to fruition, it’ll likely have a positive impact on the market as a whole.
Alongside Bitcoin, the presale project Crypto All-Stars could also be worth watching.
This project has raised over $1.8 million in presale – and it’s quickly becoming one of the hottest upcoming crypto launches.
So, why all the buzz?
It’s because of the project’s new MemeVault feature, which is a staking protocol designed to unite meme coins “under one roof.”
Using MemeVault, investors can stake top meme coins and earn STARS in return.
And the potential rewards are eye-catching.
APYs are estimated at 815% at the time of writing – although that figure will decrease as investors lock up more coins.
That hasn’t stopped investors from getting excited about Crypto All-Stars’ future.
The project now has an enormous following on Twitter and Telegram, with community members eager to see how STARS performs when it hits the open market.
Crypto All-Stars has also been ranked third on ICOBench.com.
While it’s too early to say if STARS will benefit from Bitcoin’s bullishness, this new meme coin is one that many investors are keeping an eye on.
STARS has caught a lot of momentum – and the MemeVault feature could be the key to long-term growth.
Visit Crypto All-Stars Presale
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