- Bitcoin sets a new ATH at $75,000 amid US Presidential elections.
- While Trump leads the charge for Bitcoin, BTC leads the charge for altcoins.
- JASMY shows two major pump indicators for a massive rally to $0.2785.
Bitcoin (BTC) price soared from $68,000 to $75,011.06 to set a new ATH in the wake of the ongoing US Presidential elections. So far, Trump is holding the lead as BTC continues to hold close to its new ATH price range. In detail, Bitcoin (BTC) pumped by 8.15%and has boosted Trump’s odds of winning the Presidential race.
This adds fuel to the high expectations for Bitcoin to hit new highs in what is expected to be a highly bullish Q4. Predictions for the price of Bitcoin to hit new highs range from $100,000 to $150,000 by the end of Q4 and cycle top predictions for the pioneer crypto asset ranges from $220,000 to $320,000 and higher.
BTC New ATH Sets Strong Stage for Altcoins
Meanwhile, expectations for a bullish altseason are just as strong as this is expected to arrive after the bullish Q4. Indeed, predictions for altcoins to set incredible new highs in Q1 of 2025 continue to grow with many altcoins already setting up highlight bullish signals and major pump indicators on their price charts.
JASMY Shows Two Major Pump Indicators
To highlight, one popular altcoin showing strong signs for a major pump following a new Bitcoin high is the asset known as the Bitcoin of Japan, JasmyCoin (JASMY). According to the post above, this analyst states that JASMY price is pushing towards a breakout which will likely initiate a massive pump to the next price target of $0.2785.
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Similarly, another popular analyst and JASMY enthusiast, Steph is Crypto, shares a bullish indicator on the JASMY price chart. As we can see from the post above, he says that JASMY is positioned on the same support level as in 2021 when the altcoin experienced a massive rally. He concludes by saying that this cup and handle formation could lead to explosive JASMY gains.
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