Bitcoin’s latest $107,780.58 ATH sets altcoins in a bullish frenzy.
Altcoin VELO just celebrated over 80% price pump.
Analyst says 5,000% VELO pump still in play, prepares for $1.50 VELO price.
In a remarkable display of strength and market confidence, Bitcoin (BTC) set another ATH at $107,780.58. Currently, BTC is holding firm around the $107,000 price range demonstrating solid support and hinting at a potential climb toward the $110,000 mark—an expectation shared by many analysts.
Bitcoin’s Latest ATH Amplifies Altseason Potential
The next major target for Bitcoins ATH is set between $125,000 and $135,000. Bitcoin’s strong rally has driven the Crypto Fear & Greed Index to a reading of 87, firmly placing the market in the ‘Extreme Greed’ zone. This shows growing bullish sentiment for Bitcoin and altcoins alike.
In detail, many analysts expect an early start for altseason this bull cycle and expect many altcoins to set new ATHs in the coming months. Many altcoins like SUI and ONDO went on to set new ATHs alongside Bitcoin (BTC). Meanwhile, other potential altcoins continue to show strong bullish indicators across their price charts.
VELO Could Pump 5,000% Following Latest Pump
https://twitter.com/JavonTM1/status/1868742490008015074
One such bullish altcoin is Velo, as we can see from the post above, this analyst explains what VELO holders can expect. According to this, VELO price has already surged by 81% taking the price of VELO to well above the $0.028876 price barrier. The analyst goes on to say that if support holds well then, a pump of over 5,000% to a VELO price of over $1.50 would also be highly likely.
The post VELO Pumps Over 80% Showing Strong Potential, VELO Could Hit $1.50 Following Another 5,000% Surge appeared first on Crypto News Land.
