• Bitcoin’s current dip in price does not dampen bullish market expectations.
  • Altcoins continue to show strong bullish signs despite BTC’s dip.
  • VRA and SHIB prepare for bullish pumps soon.

Despite Bitcoin’s price dropping into the lower $66,000 price range, the sentiment in the crypto market continues to be bullish. According to the Crypto Fear & Greed Index, the score lies at 71 pointing to a greedy crypto market. Amidst the wait for Bitcoin to rally and surpass its precious ATH, many altcoins are showing bullish signs instead. 

Altcoins Show Strong Bullish Signs

Q4 is expected to draw in highly bullish price pumps for both Bitcoin and altcoins. Specifically for altcoins, the arrival of altseason will trigger its bull run which will only likely occur after Bitcoin (BTC) begins its bullish run and establishes multiple new ATHs in the coming months of the bullish Q4.

SHIB and VRA Price Prepare for Pump 

While many altcoins have begun to show bullish patterns in their price charts, some popular altcoins have already begun to pump significantly. Meanwhile, several other altcoins continue to show highly bullish indicators for a massive pump in the coming months. Some of these altcoin include SHIB and VRA.

 In detail, Shiba Inu (SHIB) is preparing for a 4x pump in the coming months. According to the post above, this analyst notices how recently the altcoins showcased a slightly positive response to a Hidden Bull Divergence pattern with major positive price movement and prices here can be prepared to deliver more.

Furthermore, the once memecoin went on to set a breakout also holding the $0.000081 target going unchanged signaling a possible divergence pattern that could lead to a continuation within an over 330% climb. All in all, he expects SHIB to be in the early stages of a massive continuation at the moment. 

https://x.com/egragcrypto/status/1848601641773047893

Similarly, Verasity (VRA) is also showing strong bullish signals. According to the analyst above, VRA remains in a macro consolidation phase and will remain so until it successfully closes above $0.008.Adding on, he says that this structure will hold as long as VRA doesn’t close below $0.0020.

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Nicole D'souza Posted by

Lead Editor and Senior Journalist

Ensuring authentic and organic news stories in the realm of web3, blockchain, and cryptocurrency, Lauren exercises her focused and vigilant art of storytelling in the form of factual and prominent industry news. She is especially fascinated by the latest development in blockchain innovation and crypto regulations.