Bitcoin dominance, despite its fall, shows resilience.
Altcoins DOGE and JASMY show strong bullish indicators.
DOGE price could hit $1 ATH this bull cycle.
Bitcoin reclaimed the $98,000 price mark showing strength and resilience after a heavy fall and a prolonged sideways movement from the lower $90,000 prices. Over two weeks ago BTC set a new ATH at $108,268.45, this target is still a long way away despite analysts remaining certain that new ATHs will be arriving soon.
Bitcoin Dominance Still Holds Power
Since its last ATH, Bitcoin Dominance has been steadily falling, giving altcoin dominance a chance to take over. Today, Bitcoin dominance is still in the lead showing 55% market dominance. While analysts await Bitcoin price to pump significantly and set new ATHs from $113,000 to $235,000 in the coming days, altcoins are gradually stealing the spotlight.
Q1 of 2025 is expected to be the long-awaited and highly-anticipated phase for altcoins to flourish. Historically, Q1 of the year following a Bitcoin Halving year has always been an explosive altseason and Ethereum is expected to lead the charge. Meanwhile, popular altcoins have already begun to pump and set new ATHs like SUI and ONDO.
Altcoin DOGE and JASMY Bullish
https://twitter.com/CryptoBullet1/status/1875564127630024903
Similarly, other altcoins are showing strong signals for major parabolic gains in the coming weeks ahead. As we can see from the post above, Dogecoin (DOGE) is one such altcoin. The pioneer memecoin asset shows indicators of finally setting an ATH of $1 this bull cycle. Others expect DOGE price to go even higher.
https://twitter.com/cryptofrontio/status/1875461187795874185
Another popular altcoin showing similar bullish indicators that could lead to major pumps in the coming weeks and months is the altcoin known as the Bitcoin of Japan, JasmyCoin (JASMY). As we can see from the post above, JASMY shows potential of a pump of 10x or 15x this bull cycle.
The post DOGE and JASMY Show Bullish Pump Indicators That Could Take the Altcoins to Parabolic New Highs This Altseason appeared first on Crypto News Land.
