- Bitcoin sets new ATH at $81,858 kicking off a bullish new week.
- Expectations for BTC to hit $88,000 arise as the next target.
- Altcoins like FLOKI have begun to show major strength.
Bitcoin’s bullish momentum surges further as it sets another all-time high (ATH) at $81,858, setting a strong start to the week. Analysts anticipate BTC to soon break the $88,000 barrier, following its recent move through the $80,000 range. While analysts expect $100,000 to $158,000 ATH by the end of Q4, Altseason expectations surge accordingly.
Bitcoin’s New ATH Fuels Altcoin Action
The present sentiment in the crypto market remains in the ‘Extreme Greed’ zone with a score of 76. In under 10 days, BTC price has set multiple bullish new ATHs from $75,000 to $81,000. As the pioneer crypto crypto asset continues its steady climb towards setting higher targets, seasoned traders and analyst find this phase reminiscent of the glory days of 2021.
Adding on to the bullish sentiment is the fact that pro-crypto U.S. President-elect Donald J. Trump has secured a victory. The expectations for BTC to set a 6-digit ATH in Q4 have fueled even more so since his victory. In the present golden pocket phase until Inauguration Day, crypto traders are expected to make tremendous market gains.
With November following October and September’s bullish stride, sentiments for greater BTC ATHs and a smashing altseason to follow are stronger than ever presently, multiple altcoins are printing many bullish signals on their price charts indicating a number of new ATHs for altcoins in the coming months.
FLOKI Showcases Major Strength
One such token is the popular memecoin turned altcoin, Floki Inu (FLOKI). As we can see from the post above, the altcoin now showcases major strength after a bullish pattern and a smaller breakout which may have sparked another wave of an already monumental bull run. The analyst believes that the market could see over 47% return above $0.0002761498 and this break above could trigger over a 93% pump.
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