- Altcoins show bullish signals as price charts indicate altseason arrival.
- JASMY price chart prints lower lows signaling potential bullish continuation.
- FLOKI chart shows bullish signs signaling a possible uptrend in the coming months.
Bitcoin (BTC) price has reclaimed the $59,000 price level and analysts are hopeful to see BTC price take a higher price level above $60,000. Despite some expectations for Bitcoin price to dip toward the $40,000 level, many analysts are still hoping to see a new ATH for Bitcoin over the $80,000 price mark.
Bitcoin Price Action Signals Altseason Arrival
In particular, one crypto and Bitcoin analyst mentions that BTC market dominance seems to have peaked at 57.5% with a weekly candle closed at break even. According to this observation, the analyst concludes that altseason is nearly here. In line with this expectation, many altcoins are showing highlight bullish signs.
Of these bullish altcoins, the most popular taking the spotlight for parabolic pumps today are FLOKI and JASMY. JasmyCoin known as the Bitcoin of Japan is expected to hit an ATH price of $17 according to its team by 2026. However, according to one analyst JASMY is climbing towards a cycle high of $4.47842.
From the post above we can see how this analyst expects a 235x during the coming altseason and bull run phase of the ongoing bull cycle. He believes this massive bullish continuation towards the $4.7842 price target is inevitable and supports the expectation with lower lows on the RSI.
JASMY and FLOKI Shows Bullish Uptrend Potential
JASMY is expected to make a bullish run with 23,500% pump if this bullish momentum continues. Another altcoin that’s also printing bullish signs is FLOKI, a memecoin that transcends memecoin status and already saw a 10x pump earlier this cycle.
According to the post above, this analyst anticipates a big breakout for FLOKI. He shares a chart that indicates a possible bullish breakout and could result in a bullish upward trend leading to a new high for FLOKI price.
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