- Altcoins see a spur in bullish signals as BTC reclaims the $100,000 target.
- Expectations for altseason and new BTC ATHs increase.
- Analyst expects a pump of over 258% for Shiba Inu (SHIB).
Altseason expectations experienced a boost in expectations as Bitcoin (BTC) reclaimed the $100,000 price range. Despite the dip back to $99,000, Bitcoin’s strength and resilience have improved market sentiment with the Crypto Fear & Greed Index shooting up to a score of 75 marking a bullish greed ‘Greed’ sentiment.
Altcoins Show Promising Pump Indicators
As market sentiments improve, so do the expectations for cryptocurrencies to hit new ATHs this New Year. For instance, Robert Kiyosaki expects Bitcoin to hit a new ATH of $250,000 this bull cycle. Meanwhile, for altcoins, Q1 of 2025 has always held incredibly high expectations as every Q1 following a Bitcoin Halving year has historically seen the peak of that cycle’s altseason.
Thus, expectations for altcoins to hit a string of new ATHs in the weeks ahead are extremely high. In turn, altcoins themselves have been showing incredibly bullish signals on their price charts indicating major price surges very soon. One such altcoin is Shiba Inu (SHIB) the once memecoin turned altcoin caused by its raging popularity and increasing utility.
SHIB Could Pump Over 258% Soon
As we can see from the post above, this analyst highlights how after confirming another textbook bull pattern, SHIB price remains on the radar of many observant crypto analysts. Here, he says that SHIB is on a major continuation towards the larger target level at $0.000081. This target is currently over 258% away so a continuation towards can be huge.
