- The steady decline of Bitcoin price leads analysts to look towards popular altcoin.
- Altcoins are expected to hit new ATHs this Q1 as the arrival of altseason looms closer.
- Altcoin JASMY shows signs of a possible pump of over 728% this altseason.
The value of Bitcoin fell once again taking the price to a low of $92,000 before a short recovery to the $94,000 price range. This has a spike in FUD and a fall in positive market sentiment. Reasons behind the fall point to global economic moves leaving most analysts convinced that the ‘up only’ BTC pump phase will arrive in February.
Altcoins Steal Spotlight as BTC Dips Again
Thus, Bitcoin is expected to continue its slow sideways movement for the rest of the month s January. This leads analysts to shift sight to promising altcoins that are expected to pump parabolically in Q1 of 2025. This expectation comes from the fact that altseason always occurs in Q1 following a Bitcoin Halving year.
728% Pump Possibility Aligns for JASMY Price
In support of these altseason expectations, altcoins have already begun to pump. In fact, some even set new ATHs in the last quarter. Despite hitting these bullish feats, the majority of altcoins continue to show incredibly bullish indicators hinting at even greater price surges in the peak of the altseason.
One such altcoins hinting at major gains soon is the asset known as the Bitcoin of Japan, JasmyCoin (JASMY). As we can see from the posts above, JASMY seems to be in the breakout run-in progress signaling a possible pump of over 728% to hit the price target of $0.2785. Similarly, the other post mentions limited room for more downside in the JASMY price chart.
