Bitcoin, Ethereum, Dogecoin Steady As Market Expects Trump's Pro-Crypto Bonanza: Analyst Says BTC Could Hit All-Time High If It Breaks This Resistance

Bitcoin, Ethereum, and Dogecoin have been maintaining their stability in the market, with investors eagerly anticipating the potential pro-crypto policies of the incoming Trump administration. Analysts predict that if Bitcoin breaks through a key resistance level, it could potentially reach its all-time high, driving the entire crypto market to new heights.



Bitcoin's price has been hovering around the $3,550 and $3,770 resistance levels, with bulls aiming to break through these barriers to reclaim the $4,400 level for the first time since 2021. Ethereum and Dogecoin, which often follow Bitcoin's price action, could also benefit from this bullish move. Ethereum could potentially test its ten-month high of $4,093, while Dogecoin could reach new all-time highs, as it did in May 2021 when Bitcoin was surging.



Analysts believe that if Trump's administration is indeed pro-crypto, it could significantly impact the market dynamics. Increased institutional investment, regulatory clarity, adoption by government entities, growing acceptance, and the potential for ETFs could all contribute to a more robust and mature crypto market.

However, it is essential to note that these predictions are based on the assumption that Trump's administration is pro-crypto, and actual market dynamics may vary depending on the specific policies and actions taken by the administration. As the market awaits further developments, investors remain optimistic about the potential for Bitcoin, Ethereum, and Dogecoin to reach new heights.