- Bitcoin maintains its strong bullish position between its two new ATHs.
- Altcoins prepare to follow Bitcoin’s inevitable surge.
- Aptos (APT) seems to be entering its pump phase taking it to a high of $19 – $20.
Bitcoin (BTC) recently achieved new all-time highs, hitting $76,460 just a day after reaching a previous peak of $75,011. Currently, BTC is holding steady between these two high-water marks. This surge coincided with the U.S. presidential election, where pro-crypto candidate Donald Trump’s victory is seen by many as a catalyst behind BTC’s strong momentum.
Seasoned crypto analysts view Trump’s win as the start of a long-awaited crypto supercycle, mirroring that of the many powerful rallies of 2020. Expectations for BTC to climb toward $100,000 or even $150,000 by the end of Q4 continue to grow, with many anticipating substantial gains into 2025 up to $320,000 BTC ATH predictions.
Golden Pocket Period Prepares to Propel BTC to New Highs
The current market phase seems to be in the middle of what is known as the ‘golden pocket’. This phase existing between the US Presidential Election Day and the US Presidential Inauguration Day offers potential for high-risk high-reward trading opportunities that may fuel parabolic BTC price movements. Alongside bullish technical signals, these indicators suggest BTC could reach six figures by year’s end.
The optimism surrounding Bitcoin has also extended to the altcoin market. Many altcoins are showing strong technical patterns, pointing toward a potential altseason in early 2025, where altcoins may reach fresh all-time highs alongside Bitcoin’s continued ascent. Presently, many altcoins have already begun to print bullish indicators on their price charts.
Aptos Price Eyes $19 – $20 Cycle Top Price This Bull Cycle
$APT #APT is painting a beautiful picture on the weekly
Accumulation -> Breakout -> Retest -> Pump 🚀
🎯 Target 1 – $19-20
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— CryptoBullet (@CryptoBullet1) November 7, 2024
One such altcoin showing strong pump signals is Aptos (APT) which according to the post above, the analyst says is painting a beautiful picture on the weekly. He marks that the asset has completed the accumulation, breakout, and retest phases and is now heading into its pump phase. He concludes with cycle top prediction for APT between $19-$20.
