- Bitcoin reclaims its 6-digit price target and altcoins react bullishly.
- Several altcoins are painting bullish chart indicators for altseason.
- SHIB price prepares for a 180% pump in the coming weeks ahead.
Bitcoin price reclaimed its 6-digit price of $100,000 after over a 3% pump following a healthy correction phase where BTC price dropped to $97,000. The pioneer crypto asset is expected to move in a sideways movement between $90,000 and $110,000 suggesting more dips and new ATHs in the coming days.
Bitcoin’s Recovery Pumps Altcoin Action
However, this sideways movement will be outpaced and Bitcoin will set a new ATH likely between $125,000 and $135,000 according to a silver-tongued reputed crypto analyst. The same seasoned analyst believes that the $125,000 BTC ATH will be set by January – February of 2025, when Bitcoin and altcoins are set to hit their greatest highs this bull cycle.
To highlight, altcoins seem to already be at a terrific start where some assets like ONDO and SUI have hit new ATHs and others like XRP and ADA continue to pump every day. Meanwhile, other popular altcoins are showing strong bullish indicators hinting at major pumps in the peak of the altseason that may have had an early start this bull cycle.
SHIB Prepares for Pump Over 180%
https://x.com/JavonTM1/status/1866863114106589234
One such altcoin is the once memecoin, Shiba Inu (SHIB). As we can see from the post above, the analyst says that SHIB has recently confirmed yet another bullish pattern in the midst of a bullish continuation. Expecting another major upside move, SHIB price is expected to breakout and hold at the price target of $0.000081. He concludes with an expectation of SHIB price to pump over 180%.
The post Bullish SHIB Chart Indicators Hints at a Pump Over 180% Amid the Start of Altseason, New ATH Ahead? appeared first on Crypto News Land.
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