- The expert highlighted that Bitcoin is making a great move into the distribution zone and altcoin season is getting underway on the market.
- In an op-ed piece for the state-run media channel, RIA Novosti, the columnist Olga Samofalova wrote that Bitcoin had developed its super currency.
- The columnist then highlighted that it was almost impossible to follow transactions made in BTC.
A Russian expert, Evgeny Shatov professed that Bitcoin (BTC) may hit $135k this year as an alt-season ramps up. At the same time, a columnist revealed that BTC was all set to become a super currency for Moscow.
Shatov made this revelation in a January 2 report from the newspaper Izvestia. The expert further went on to say that a downtrend may follow the next price ceiling of Bitcoin having a unification in the cards later this year.
He highlighted that Bitcoin is making a great move into the distribution zone and altcoin season is getting underway on the market. A series of scenarios is now likely possible. However, the boost in the price of bitcoins in the first half of the year will probably cause a slump.
Shatov’s Prediction
Shatov also mentioned that it was quite possible that Bitcoin could attain the $115-$135 mark, after which a duration of unification is suitable. The expert highlighted that the Bitcoin dominance index at present is about 57%.
But he noticed that this figure had only gone up by 6.6% since the start of the year. Evidently, this phase has broken off. The index will continue to fall against the backdrop of growth in the number of altcoins and an increase in their total capitalization.
If we compare this to previous years, In 2017, this index mutated by about 90%, and in 2021 it slumped from 60% to 40%. Accordingly, the market is slowly setting its foot into a phase of altcoin growth, the expert mentioned.
At the same time, there are more signs crypto pivot in Moscow may carry on in 2025. In an op-ed piece for the state-run media channel, RIA Novosti, the columnist Olga Samofalova wrote that Bitcoin had developed its super currency.
What did the columnist say?
The writing was followed by an AI-generated image that showed a Bitcoin token in a boxing ring positioning of top of a fallen US dollar coin. Samofalova also mentioned that as a consequence of US-led sanctions packages, Russia now quickly requires a currency for cross-border payments that no one can ban.
At the same time, she discussed some of the goodness of the digital ruble in this regard, the columnist eventually concluded that the Russian CBDC is followed in the same way as the non-cash currency used today.
The columnist then highlighted that it was almost impossible to follow transactions made in BTC and fustily asked How can sanctions be imposed here? And then said that there was no way. With regard to bypassing sanctions, Bitcoin simply has no equal.
