- Bitcoin’s latest ATH in the $97,000 price range fuels market sentiment.
- Popular altcoins show bullish pump indicators for altseason.
- FLOKI hits at gains over 92.3% in the coming weeks ahead.
Bitcoin (BTC) has achieved a remarkable new all-time high (ATH) of $97,862.64, climbing from $73,000 to the $97,000 price range in less than 20 days. This milestone leaves Bitcoin just shy of the much-anticipated six-figure mark of $100,000, further fueling optimism in the cryptocurrency market.
Bitcoin Rally Boosts Bullish Altseason Sentiment
According to CoinMarketCap analytics, Bitcoin’s price has surged by 44%, over the past month. The Crypto Fear & Greed Index reflects a score of 82, signaling ‘Extreme Greed’ and suggesting more potential price surges for Bitcoin and altcoins alike. The fourth quarter has been overwhelmingly bullish for the crypto market, delivering on analysts’ expectations for Bitcoin to hit new ATHs.
Thus, with over a month remaining in Q4, projections for a $150,000 ATH by year-end are gaining traction. At the same time, optimism for an altseason is building, as altcoins begin to show significant price increases. To highlight, analysts anticipate the first quarter of 2025 could mark the official start of altseason.
Altcoin FLOKI Hints at Over 90% Surge Ahead
To support this inevitable rally, many altcoins are already nearing their previous ATHs, signaling strong market momentum. This bullish trend indicates a likely surge in altcoin prices, setting the stage for new ATHs in early 2025, similar to Bitcoin’s performance this quarter. One altcoin stealing the spotlight today in FLOKI.
As we can see from the post above, the analyst shares a bullish price chart stating that Floki Inu (FLOKI) has crossed back above the $0.0002761498 level and is now moving towards the $0.0005467298 price target. He suggests that FLOKI prices could be set here for an additional +92.3% move.
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