- Bitcoin reclaims the $68,000 price target and showing bullish upwards signals.
- This upward momentum propels expectations for a flourishing altseason ahead.
- Analyst expects SXP to make over 20x gains with a pump of 1,900%.
Bitcoin (BTC) is holding firm above $68,000, maintaining a steady sideways trend with intermittent upward moves since March. As the anticipated Q4 bullish cycle gains momentum, BTC looks set for another upward shift, potentially approaching its previous all-time high (ATH) range.
Bitcoin’s Upward Trajectory Sets Stage for Altseason
Analysts are highly optimistic about BTC, projecting a revisit to its ATH and perhaps a new price territory. Current forecasts place BTC within a target range of $69,000 to $71,000, aligning with its next anticipated ATHs.
Some experts believe BTC could reach between $100,000 and $150,000 by the end of Q4, while 2025 projections estimate a bull cycle peak anywhere from $220,000 to $550,000. If BTC sets a new ATH in Q4, early 2025 might mark the start of a strong altseason. For now, October’s bullish outlook appears favorable for altseason activity.
SXP Signals Possible 1,900% Pump
BTC’s bullish momentum is resonating across the altcoin market, with many coins signaling positive movement. Tokens like FET, JUP, and SUI are already seeing price increases, while ADA, SHIB, and XRP are also primed for notable gains, setting the stage for a promising altseason ahead.
Meanwhile, a popular analyst notices another altcoins showing strong bullish signals. As we can see from the post above, SXP remains at a target of $5.24898009 as prices continue to hold broken out of an older resisting trend. The gain potential to this target from here is over 1,900% or more than 20x.
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