Trading expert predicts Bitcoin and Ethereum prices for this ‘cycle top’

The cryptocurrency market is heating up again after a few weeks of a sidelined consolidation pattern affecting most projects. As things develop, trading experts and analysts already have their strategy ready and price predictions for this cycles top, especially for Bitcoin (BTC) and Ethereum (ETH), the market leaders.

The analyst also considers an extraordinary scenario of possible overperformance in case cryptocurrencies see a massive adoption event. Thus, the “cycle top forecasts,” in his words, are at $190,000 and $15,000 for BTC and ETH, respectively.

Other analysts, like Alex Svanevik, CEO of Nansen AI, predicts we are on the verge of “the mother of all bull markets,” as Finbold reported. Yet, even this highly optimistic scenario requires traders and investors to have a well-thought exit strategy and realize profits frequently.

For example, Wolf has been looking at Smiley Capitals recently disclosed Bitcoin range since May last year. In this occasion, which we also reported, the trader explained he plans to start exiting once BTC crosses $130,000.

Nevertheless, cryptocurrency traders building their exit strategies must consider the possibility that their bullish expectations could be part of somebody elses exit strategy and act accordingly with proper risk management and caution.