- Popular analyst sees four altcoins make bullish cup & handle formations.
- SOL, TAO, FOXY, and DOGE could make significant gains soon.
- Ethereum is mirroring Bitcoin’s bullish 2020 pump based on chart patterns.
Bitcoin has sunk back to the $66,000 price range but the bullish momentum takes no hit. Presently, the Crypto Fear & Greed Index boasts a Greedy score of 71, this portrays the still bullish state of the crypto market. Indeed, the high pump potential of Q4 remains strong and one analyst is noticing a similar bullish pattern on multiple altcoins.
The Q4 pump for Bitcoin which could take BTC price to between $100,000 to $150,000 only adds more fuel to a high expectation for a bullish altseason in Q1 of 2025. Many altcoins have begun to make bullish patterns on their price charts from hidden bullish divergence to inverted head & shoulders formation.
4 Altcoins Flash Cup & Handle Signal
While some altcoins have already begun to pump, many altcoins are yet to start their upward bullish momentum. Meanwhile, other altcoins are printing a highly bullish cup & handle formation, similar to that of Bitcoin. This pattern is an incredibly bullish indicator of what could bring their holders highly explosive gains.
As we can see from the post above, a popular and reputed analyst finds 4 altcoins showing the same bullish cup and handle patterns. To highlight, the altcoins are Solana (SOL), Bittensor (TAO), Foxy (FOXY), and Dogecoin (DOGE). The charts in the post highlights how all four assets are waiting to see the massive pump ahead.
Ethereum Mirrors BTC’s 2020 Pump Pattern
Similarly, the pioneer altcoin, Ethereum (ETH), seems to be mirroring the same structure that Bitcoin (BTC) printed in 2020 when the asset was at $10,000. Could ETH pull a surprisingly higher pump than most analysts are expecting this bull run? Perhaps the arrival of altseason will reveal its cycle top.
