• As Bitcoin (BTC) price continues to hold altseason prepares for its arrival. 
  • Analyst says altcoin will only occur once the 3W MACD crosses bearish. 
  • Altcoin JASMY’s last pullback hints at a major comeback.

Bitcoin continues to hold steady around $88,000 after recently hitting a new all-time high (ATH) of $93,434.36 . This Q4 is lining up to be one of the most bullish so far with Bitcoin having pumped from the $73,000 range to over $93,000 within two weeks alone, fueling strong optimism that six-figure prices may be on the horizon in the coming weeks. 

Bitcoin Season to Altseason Soon?

Many experienced analysts now project that Bitcoin could reach ATHs between $100,000 and $150,000 by the end of Q4, with long-term cycle targets as high as $220,000, $320,000, and even $520,000 as the bull run progresses, potentially into 2025. Currently, the Crypto Fear & Greed Index sits at ‘extreme greed’ with a score of 80.

This feature paired with the fact that the recent US Presidential election of pro-crypto candidate Donald Trump and the current trading environment, known as the ‘golden pocket’, further fuels bullish market sentiment. So much so that the expectations for altseason to commence soon have gained rapid momentum. 

#Altcoins

Altcoin season will start as soon as the 3W MACD crosses bearish.

Once that happens, you won't see the current prices for a long time. We'll see multiple x's across the board.

The market will be in a complete FOMO state for several months.

This is just a foretaste. pic.twitter.com/b5PEhuhtcf

— 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 🧲 (@el_crypto_prof) November 14, 2024

As we can see from the post above, this analyst expects altseason to start as soon as the 3W MACD crosses bearish. Once that happens, altcoin prices should start to pump rapidly and won’t come back to lower prices for a long time. He expects the market to remain in a FOMO state for several months.

Read CRYPTONEWSLAND on google news

JASMY Pullback Hints at a Greater Comeback 

One of the cleanest $JASMY Analyses in this game, and we're not done!

Everything since the pullback from $0.0445 looks to have been a strengthening process for higher ⚡️.

We're coming with greater… https://t.co/40nxZzXeyi

— JAVON⚡️MARKS (@JavonTM1) November 14, 2024

While he states that the current market is just a taste of what is to come, several altcoins have already begun to print bullish indicators on their price charts. As we can see from the post above, JasmyCoin (JASMY) is one such token. The analyst says that everything since the pullback from $0.0445 looks to have been a strengthening process for higher JASMY prices. 

disclaimer read more

Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.