Bitcoin maintains above the $100,000 price range showing resilience and strong support.
Altseason may take its time but will bring incredibly higher gains.
BTC price could hit $150,000 as nothing is holding back the pump.
Bitcoin price holds strong above the $100,000 price range despite brutal price drop for $108,000 to $101,000 in under 48 hours. Soon after Bitcoin set its latest ATH at the $108,000 price range, the crypto market experienced a sharp dip alongside a huge loss in the US stock market and the FOMC meeting.
Bitcoin Price Shows no Stopping the Cycle Top Pump
As Bitcoin Dominance falters, analysts expect altseason to gain momentum. Despite the ups and downs of BTC price, many analysts believe that BTC Dominance will not fall anytime soon as expectations for Bitcoin’s next ATH lie from $110,000 to $125,000 and $135,000 to $200,000. These targets are highly likely for the BTC price in the coming months ahead.
https://twitter.com/Washigorira/status/1869427687166722273
As we can see from the post above, this analyst shares what he expects to be the altseason blueprint. He says that at the end of 2024, the altcoin market could mirror that of 2020’s explosive rally where several popular and new altcoins will set a series of new ATHs much like Bitcoin did in the month prior.
Analyst Says $150,000 BTC ATH in the Works
https://twitter.com/JavonTM1/status/1869383815279661532
Based on the post above, Bitcoin Dominance is far from over. This analyst shares Bitcoin’s position on its macro chart. Here, he says that BTC could likely hit $150,000 and can hit it if there may not be any other incidents holding them back. He concludes saying that a BTC rally will continue with no pressing delays.
The post $150,000 BTC ATH Possibility Gains Momentum as Nothing Looks to be Holding Bitcoin Back According to Analyst appeared first on Crypto News Land.
