- Altcoins show strong bullish signs as Bitcoin dominance falls.
- Altseason gets an early start and many altcoins show major pump signals.
- Altcoin zkSync (ZK) price could go up to $9 for cycle top price.
The price of pioneer cryptocurrency Bitcoin (BTC) continues to move in a slow sideways movement in the mid $90,000 price range. This fall came soon after BTC set its latest ATH at the $108,000 price target. While analysts expect BTC price to pump to $110,000 then $125,000, and much higher, BTC dominance seems to have fallen for now.
Altcoins Show Strong Bullish Signals
Others took this as a sign to focus on altcoin charts instead. So far, many analysts have stated that altseason got an early start this bull season leading many altcoins to have already set new ATHs like SUI and ONDO. Meanwhile, the pioneer altcoin Ethereum (ETH) has yet to pump towards a new ATH.
On this matter, one analyst says that Ethereum (ETH) will lead the long-awaited altseason in January 2025 where it will go on to set a new ATH. In turn, Ethereum’s price surge will lead to greater pumps for other altcoins as well leading to new ATHs for many popular altcoins. Most recently, altcoins printed a bullish golden cross pattern and many altcoins price charts show signs for greater pumps ahead.
ZK Price Bull Targets Set
One such altcoins is zkSync (ZK). As seen in the post above, this analyst charts the ZK macro chart where he highlights the circulating supply market cap at $490 million. He says VCs invested $460 million and marks an accumulation range for ZK price. He concludes by setting bull targets of $2.45, $5.45, and $9 for ZK price this bull cycle.
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