- Bitcoin prepares to hit its next trend target which could trigger altseason.
- Altcoins are already reflecting this bullish expectations onto their price charts.
- JASMY could surge 1,140% if BTC hits its next trend target.
As expectations boom for a new Bitcoin (BTC) trend high of $68,000 to $70,000 in Q4, expectations for a bullish altseason have also been gaining traction. Specifically, expectations for a bullish Q4 have led most analysts to keep a close eye on crypto price charts and many altcoins are mirroring Bitcoin’s bullish indicators to set new ATH of their own in the coming months of Q4.
Altseason Enters Last Stage Before Bull Run
According to one analyst, the start of altseason is almost here. In detail, this analyst believes that altcoins are at the last stage before the bull run as the chart mirrors the same indicators as that of the 2016-2017 and 2020-2021 mega bull phases. He then adds that the altcoin-wide with new narratives and new technologies with accompany the mega bull run.
Already many altcoins are supporting this bullish action. Some assets like FET and SUI have already begun to surge steadily. Meanwhile, assets like Cardano (ADA), Render Network (RENDER), Shiba Inu (SHIB), Dogecoin (DOGE), Ripple’s XRP, JasmyCoin (JASMY), and many others have begun to form bullish signals on their price charts.
JASMY Could Surge 80x if BTC Surpassed $180,000
From inverse head and shoulders patterns, golden crosses, and completion of cup and handle patterns, the bullish sentiment has grown exponentially as we head into Q4. In detail, JAMSY, known as the Bitcoin of Japan, is expected to make major gains in the bull run phase of the ongoing bull cycle.
https://x.com/JavonTM1/status/1838321785617682933
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As we can see from the post above JASMY once out-ran BTC by over 474% in early Jan 2024. If Bitcoin were to surge towards its next target, JASMY’s price could surge by 1,140% taking its price to the $2.785 price target.
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