Bitcoin (BTC), Ethereum (ETH), and Binance’s BNB coin have all hit new all-time highs over the last few weeks. BTC climbed to a new peak of $124,128 on Aug. 14. ETH hit a new high of $4,946.05 on Aug. 24 after nearly four years. BNB, meanwhile, hit an all-time high of $899.77 on Aug. 22. While all three cryptocurrencies have faced substantial price corrections since their respective peaks, they are likely on their way to new all-time highs by the end of this year.

Bitcoin, Ethereum, BNB On Track To Hit New All-Time Highs

According to CoinCodex BTC analysis, Bitcoin will enter another bullish phase by the end of this year. The platform anticipates the asset to climb to a new all-time high of $127,419 on Dec. 2. Hitting $127,419 from current price levels will entail a rally of about 14.8%.

Like for Bitcoin (BTC), CoinCodex also anticipates Ethereum (ETH) to continue its rally over the coming months. The platform predicts ETH will breach the $7000 mark later this year. CoinCodex analysts anticipate ETH to hit $7283.53 on Dec. 2. Hitting $7283.53 from current price levels will lead to a rally of about 68.85%.

Binance’s BNB coin is also expected to follow Bitcoin (BTC) and Ethereum (ETH) to a new all-time high later this year. CoinCodex predicts BNB to hit a new peak of $1046.45 on Nov. 20. If successful, it will mark the first instance of BNB trading in the four-digit price range. Hitting $1046.45 from current price levels will result in a rally of about 22.66%.

Also Read: 4 Analysts Predict Bitcoin To Climb Above $1 Million: See the Timeline

On the flipside, there is always a possibility that the crypto market will not live up to expectations. Macroeconomic conditions and trade wars may lead to fresh volatility entering the market. Bitcoin (BTC) and the larger crypto market may face challenges under cush circumstances.