- Bitcoin maintains a strong position as altcoins surge fiercely.
- The price of Ripple’s XRP pumped by over 15% taking the price to over $1.
- This hike led to XRP Futures Open Interest hitting an ATH.
Bitcoin price is steadily moving back towards the $93,000 ATH mark after its latest short dip. Yesterday, the pioneer crypto asset was in the $91,000 price range and today it stands at the $92,000 price range. As BTC price inches closer to its previous ATH, sentiments for a new ATH grow stronger.
In the eyes of one reputed analyst, the silver-tongued crypto trader predicts that the next ATH for BTC will lie between the $96,000 and $98,000 price range. The same analyst expects the price of BTC to break past the 6-digit barriers that could take BTC price beyond the $100,000 price target.
Bitcoin Holds Strong Propels Altseason Sentiment
As the bullish Q4 continues to yield bullish gains for Bitcoin and altcoins alike, this 6-digit ATH for Bitcoin (BTC) seems more likely by the day. With both September and October having closed green, expectations for an ever more bullish November and December grow stronger with every new ATH BTC price sets.
Furthermore, the declining number of BTC available on exchanges contributes to what many analysts expect to be a huge supply shock for Bitcoin. This will further propel the price of BTC and create greater demand as the supply dwindles. All these factors together are not only creating a bullish sentiment for Bitcoin but for altseason as well.
200% Pump Imminent for Ripple’s XRP
Presently, multiple tokens are pumping at a strong rate bringing popular altcoins closer to setting a new ATH. At the moment, Ripple’s XRP is one of the most bullish altcoins in the space. This has led many analysts to expect a new ATH to arrive for XRP in the coming weeks.
XRP price recently pumped by over 100%. Despite this analysts see room for further XRP gains. As we can see from the post above, the XRP breakout supports a high possibility for another 200% more for XRP which could yield 3x gains for many XRP holders in the coming week. He prepares to welcome a new XRP ATH soon.
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