- Bitcoin sets new ATH spurring on the bullish actions of multiple altcoins.
- Memecoin PEPE has surpassed the $0.000017 barrier and pumped over 90%.
- Expectations for a bullish altseason grow stronger with every new ATH BTC sets.
Bitcoin’s latest ATH at $93,434.36 has spurred expectations for a higher BTC target in the coming days. With the Crypto Fear & Greed Index at 88, the crypto market in in the ‘extreme greed’ sentiment meaning high expectations are certainly in store for the pioneer crypto asset. The greatest of these expectations is that BTC price will set a 6-digit ATH by the end of Q4.
Bitcoin Eyes 6-Digit Targets
Indeed, this sentiment has led many analysts to consult the BTC price charts and draw comparisons to previous cycles. The result of all the analytical attention has led to price predictions that take the price of Bitcoin (BTC) to the possibility of hitting new ATHs between $100,000 to $150,000 by the end of Q4.
Despite BTC setting its new ATH in the $93,000 price range, the asset has taken a few dips but has always pumped back up to reclaim the $90,000 price range once again. To this, many seasoned analysts are certain that BTC will continue to set higher highs and lower lows as it climbs up the ladder in its price discovery phase.
Altseason Sentiment Fuels PEPE Price Pump
Presently, the expectation is for BTC to hit $100,000 while altcoins follow BTC’s lead. So far, many altcoins are showing incredibly bullish signs and printing highly bullish pump indicators on their price charts. As more and more altcoins show bullish signs, the expectations for altseason’s arrival inches closer.
This altseason is expected to arrive in Q1 of 2025 where many altcoins will likely go on to set a series of new ATHs much like Bitcoin is doing right now. One such altcoin to show bullish signs is PEPE. This altcoin has just pumped over 90% and continues towards pumped above the $0.000017 price level.
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