- Bitcoin and Ethereum on the brink of a major price explosion.
- Analysts are weighing in with several bullish indicators for ETH and BTC.
- New ATHs and the peak of the altseason are on the way.
The peak of this bull cycle’s altseason is right on the horizon, so is the next Bitcoin ATH. Seasoned analysts are patiently watching the crypto market and are either accumulating dips or holding strong to their crypto investments so far. One analyst known for his accurate predictions shares his psychological analysis along with his latest weekly crypto market report.
Presently, the crypto market is facing FUD and the CoinMarketCap Crypto Fear & Greed Index points to a score of 38 marking a ‘Fear’ sentiment. Despite this, the silver-tongued analyst, Doctor Profit says that the crypto market is still very much in a bullish state. He highlights the ongoing FUD and up and down price movements and marks them as psychological games.
Seasoned Analyst Expects BTC Pump Soon
There is nothing more bullish than the psychological games we are witnessing at the psychological zone at 100k. We remain in the box and the breakout is just a matter of time. Hold strong, more x coming!
— Doctor Profit 🇨🇭 (@DrProfitCrypto) February 17, 2025
As we can see from the post above, Doctor Profit says that there is nothing more bullish than the psychological games the crypto community is witnessing at the psychological zone of Bitcoin (BTC) around the $100,000 price range. He concludes saying that we remain in the BTC trading box between $95,000 and $105,000 and a breakout to the next ATH is only a matter of time.
ETH on the Brink of a Major Price Explosion
Similarly, ETH too seems to be on the brink of a major price explosion. The post above explains how ETH is coiling up for a parabolic move. The analyst marks three factors that will pump ETH price which are a multi-year ascending triangle taking shape, higher lows being set, and a breakout indicator coming into active mode.
