Crypto analysts notice highly bullish signs for Bitcoin to pull a reversal soon.
Once Bitcoin prints its bottom this month based on historical charts altseason should begin.
JASMY and VET lead the charge as the most bullish altcoin this cycle.
The Bitcoin crypto bull cycle is slowly switching gears to a bullish swing as many crypto analysts share bullish signals in the market. One analyst noted how June is the month when Bitcoin prints its bottom, this is usually followed by a massive bull spike.
Presently, another analyst adds to the narrative. He says the bullish waves we’ve seen so far have been just bullish and the coming phase will be a Hyper Bullish era. When Bitcoin (BTC) set its new ATH $73,750, the sentiment was bullish.
There's Bullish, and then there is Hyper-Bullish.#Bitcoin in it's recent climb to highs ($69,000+) was bullish.This next phase can be classified as a "Hyper-Bullish" one and we may be right at the forefront of it !
— JAVON MARKS (@JavonTM1) June 22, 2024
He says that now the coming phase will be a hyper bullish one where Bitcoin will set much higher ATHs and other altcoins will follow suit. This hyper bullish phase will likely bring in the long-awaited altseason which will have altcoins entering price discovery phase as well.
As the sentiment for altcoins and Bitcoin swing bullish, many altcoin analysts share bullish predictions for many popular altcoins like VET and JASMY. In particular, the bullish expectations for JASMY are incredibly strong.
Not only is the JASMY community bullish, but the project too is making bullish strides and the team expects JASMY to hit a $17 price by 2026. This has the JASMY community watching JASMY announcements and price chart action very closely.
Is it just me or does it feel like $JASMY #Jasmy is getting ready to go again? pic.twitter.com/5Lwx5062lM
— 𝐊𝐈𝐑 𝐅𝐈 (@KIRFinance) June 22, 2024
One member of the JASMY community shares the price action of JASMY and says that JASMY price looks like it’s preparing for an explosive jump. Another move to support this is that Doctor Profit, a seasoned crypto trader known for his accurate prediction just bought JASMY as well.
According to CoinMarketCap, the current price of JasmyCoin is $0.03232 which is up by 12% in the last 24 hours. Presently, JASMY boasts a total market cap of $1,593,407,240 and a 24 hour trading volume of $173,500,533.
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The post JASMY Leads Altcoin Charge as Bitcoin and Crypto Market Swings Towards Hyper Bullish Phase and Altseason appeared first on Crypto News Land.