- Bitcoin maintains its steady sideways movement in the higher range of $90,000.
- Altcoins reflect bullish signs in their respective price charts.
- Analyst expects 179% pump ahead for SHIB price.
Bitcoin (BTC), the pioneer crypto asset, continues to trade steadily within the $95,000 to $97,000 range, sustaining its robust bullish momentum. Despite facing a short correction phase, seasoned analysts remain confident that Bitcoin is on the verge of reaching its historic six-figure milestone of $100,000.
Altcoins Thrive Amid Bitcoin’s Ascent
As expectations for Bitcoin’s surge grow, the deep analysis of seasoned analysts in the crypto space suggests that BTC price will not only break the $100,000 threshold but could soar to $106,000 or beyond in the coming days. This optimism has had a ripple effect, igniting bullish activity across the altcoin market.
Assets like VET, VTHO, XRP, and ADA have already posted impressive gains, with many altcoins experiencing increases of up to 200% over the past month. Analysts are keeping a close watch on this trend, noting that even altcoins that have already rallied continue to display strong bullish signals.
SHIB Prepares for 179% Pump
One standout among these is Shiba Inu (SHIB), an interesting and highly potential asset that began as a memecoin and evolved into a globally recognized altcoin. As we can see from the post above, this analyst believes that SHIB has recently confirmed another bull pattern hinting at a strong bullish show ahead for the altcoin.
Moreover, he states that SHIB prices are now showing signs of major strength with holding breakouts implying that a $0.000081 SHIB price target is still in play. He concludes by saying that SHIB price can soon see another bullish pump, this time of over 179% meaning a 2.79x pump lies ahead for SHIB.
