- Bullish momentum remains despite Bitcoin’s price dipped to the $63,000 price mark.
- Altseason expectations are fuelled as altcoin price charts show bullish signals.
- JasmyCoin (JASMY) shows resilience indicating major price breakthroughs soon.
Bitcoin’s price has pulled back to the $63,000 range after having just hit $65,000 in the last 24 hours. Despite the market sentiment having dipped into the greed range, some analysts expect Bitcoin to make another dip before it soars to set new ATHs.
Amidst the differing viewpoints, another rising expectation within the crypto community is for the arrival of altseason bringing parabolic pumps and a range of new ATHs for popular altcoins in the crypt space.
Altseason Approaches, JASMY Prepares
Supporting these bullish expectations for altseason are the altcoins themselves. Major altcoins like Dogecoin (DOGE), Cardano (ADA), and Ripple’s XRP are all either mirroring historical pump patterns or are printing bullish signals on their price charts.
One such altcoin also showing high parabolic potential is JasmyCoin (JASMY), also known as the Bitcoin of Japan. This altcoin’s community has enjoyed quite a few short pumps this bull cycle as JASMY announced many bullish partnerships over the past few months.
These announcements pumped JASMY price which is now once again retesting major resistance levels following multiple correction phases in the crypto market, led by Bitcoin (BTC) price dips.
Analyst Expects Massive JASMY Price Breakthroughs
Presently, the price of JASMY stands at $0.0218 according to CoinMarketCap analytics. Reputed crypto analysts have noticed many bullish signs that could propel the price of JASMY by over 10,000% once it breaks through a series of resistance levels.
https://x.com/TehLamboX/status/1827974551470498258
According to the analyst above, JASMY holders must practice patience. So far, JASMY has shown strong resilience in its ability to maintain its value. The analyst observes how JASMY price is 17x-18x off the bottom at the top of this previous short-term rally and is now up by 8x off the bottom. He expects JASMY to make parabolic moves soon.
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