- Bitcoin sets a new ATH in the $107,000 price range strengthening altcoin resolve.
- Altcoin Injective shows signs of setting $380 ATH this bull cycle.
- INJ price coils pull a 12x or 1,100% price pump this altseason.
In an impressive display of strength and bullish momentum, Bitcoin (BTC) smashed through its previous ATH of $106,488, setting a new record at $107,780.58. Currently, BTC is holding steady at $107,151, signaling strong support for another potential ATH. Many analysts anticipate Bitcoin could soon hit the $110,000 price target as the bullish sentiment continues to dominate the crypto market.
Bitcoin’s Surge Ignites Altseason Expectations
While the overall sentiment remains overwhelmingly bullish, analysts forecast Bitcoin’s price to climb to new heights between $125,000 and $135,000 in the months ahead. The latest Bitcoin rally has also driven the Crypto Fear & Greed Index into the ‘Extreme Greed’ zone, currently standing at a score of 87.
Altcoins, in particular, are starting to show significant signs of life, with many analysts suggesting that altseason has arrived earlier than expected this bull cycle. Many altcoins have already begun to pump while others show strong indicators for an inevitable price pump soon. One such bullish altcoin is Injective (INJ).
1,100% Price Pump Awaits Injective (INJ)
As we can see from the post above, INJ price is slowly recovering its recent dip. The analyst highlights that with confirmed bull patterns, INJ prices can be gearing towards a massive continuation move where the price of INJ could pump over the $21.65 price level and could soar to set a significant ATH at $380 following a 12x or a 1,100% price pump.
The post Injective Price Prepares to Pull a 12x or 1,100% Price Pump Taking it to New Possible ATH of $380 appeared first on Crypto News Land.
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