Bitcoin’s latest ATH of $93,434.36 has ignited expectations for even higher targets in the coming days. The Crypto Fear & Greed Index at 88 points to an ‘extreme greed’ sentiment, indicating strong optimism for the leading cryptocurrency. Many now anticipate Bitcoin reaching six figures by the close of Q4.
BTC Sets Sights on Higher Highs
With market enthusiasm surging, analysts are closely examining Bitcoin’s price action, finding similarities to previous cycles. Predictions are emerging for BTC to hit new ATHs between $100,000 and $150,000 by the end of Q4, especially as pro-crypto candidate Donald Trump’s election win has bolstered bullish sentiment.
Despite some minor pullbacks, Bitcoin has swiftly recovered its highs, and analysts expect this pattern of higher highs and lows to continue as BTC explores new price territories. The anticipation for a strong Q4 rally in Bitcoin has been building for weeks, and BTC appears to be delivering.
Optimism Extends to Altcoins as Altseason Approaches
https://twitter.com/JavonTM1/status/1856747326565400872
Expectations for Bitcoin to reach $100,000 also extend to altcoins, with many flashing strong bullish indicators. As altcoins mirror Bitcoin’s momentum, the prospect of a full-scale altseason grows, signaling a potentially significant market-wide rally ahead.
https://twitter.com/egragcrypto/status/1856588360812507608
One such altcoin showing bullish signs is Ripple’s XRP, based on the post above, XRP recent bull signals hints at the beginning of a massive rally to new ATHs. The altcoins seems to be on the precipice of a massive rally to hit new set at the target of $1.12.
The post XRP Shows Hints of the Beginning of a Massive Bullish Rally, Multiple New ATHs Lie Ahead appeared first on Crypto News Land.
