BTC
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The Fantom project appeared in crypto ratings in October 2018. Its price was then $0.013. For the next 3 years, until the bull season of 2021, FTM traded in a price range between 0.003 and 0.03. And only when the time of the "bulls" came, FTM rose in price to 0.65. This happened in February 2021. In May, the FTM price was already 0.85. And in October 2021, the price was already $3.16. Then there was a correction to $1.30 and again an explosive growth to $3.46. This time, FTM managed to set its absolute record. In the future, FTM is unlikely to reach such peaks.
The next 3 years, the market was ruled by "bears" and all the coins only got cheaper. At some point, FTM dropped to $0.17. Everyone was waiting for the bull season to return.
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In March 2024, during the first wave of the bull rally, FTM was able to rise in price to 1.13. The result seems not bad. But let's see what November - December 2024 will bring us. We only have to wait 2 weeks. It is during this period that the second bullish wave of the 2024 season is expected.
Our forecast is that when Bitcoin rises in price to 80 thousand, FTM will be traded in the region of $2. But this will happen only if Bitcoin manages to gain a foothold at this peak and stay there for at least 2-3 weeks. After all, all other coins, according to statistics, begin to rise in price after some time. Not immediately.
If Bitcoin immediately collapses, then other coins simply will not even have time to rise in price.