- Bitcoin’s bullish momentum takes the pioneer asset towards the $64,000 price target.
- Bitcoin has reclaimed the $63,000 price and its chart shows multiple bullish signals.
- XRP price chart also shows massive potential as analysts expect a significant pump soon.
With Bitcoin (BC) price back to over the $63,000 and its speedy movement toward $64,000, crypto analysts are thrilled to see this expected bullish momentum. This steady surge supports the expectation that the crypto market will see a steady march upward in Q4 of this year.
Bitcoin Is Ready for a Huge Bull Run
This pattern has always taken place historically. According to the previous Bitcoin cycles, the price of Bitcoin always pumped significantly in Q4, especially during a Bitcoin Halving year. This year, the same pattern repeats with Bitcoin setting lows in August and September, crypto analysts are gearing up to see major market movement for Bitcoin in the coming Q4.
Many analysts are highlighting bullish patterns in the BTC price charts for a hidden bullish divergence pattern to the completion of a massive cup and handle pattern, Bitcoin is preparing to make a major move into the long-awaited bull run phase of the ongoing crypto bull cycle.
Similarly, another crypto analyst finds another bullish pattern playing out on the Bitcoin (BTC) price chart. This is the formation of the Bitcoin Golden Cross pattern on the BTC daily chart. This analyst marks how BTC has regained its bullish momentum and is setting its sights towards its next targets being $64,400 and $68,900.
XRP Follows Bitcoin’s Bullish Movements
Accordingly, other popular altcoins are showcasing highly bullish signals on their price charts as well. In particular, Ripple’s XRP has analysts watching the altcoin’s Bolligen Bands drawing closer and closer together. The last time this happened XRP made a pump of 650x and similar parabolic moves are expected for the price of XRP.
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