- Bitcoin reclaims $105,000 price target but market remains in score 70 greed sentiment.
- Altcoins show promising pump signals as February approaches.
- JASMY price nears a massive breaking point that could lead to a significant pump.
The Crypto Fear & Greed Index points to a score of 70, a number lower than yesterday’s 72 despite Bitcoin (BTC) having reclaimed the $105,000 price range. While the number is lower than earlier this week, it still points to a ‘Greed’ market sentiment. As Bitcoin continues its slow yet bullish sideways movement, most analysts remain certain that the next ATH target of $120,000 draws nearer.
February Brings Bullish Promise for BTC and Altcoins
While traders patiently await Bitcoin to recover its momentum, they are slowly shifting sights to keep a close look at highly potential altcoins as well. With February approaching, the expectations for Q1 of 2025 to usher in the altseason have only grown more bullish. So far, every Q1 following a Bitcoin halving year has led to the peak of the altseason.
Presently, analysts are awaiting a parabolic pump is strong altcoins where many can go on to set a string on new ATHs like Bitcoin did in November 2024. So far, some altcoins have already set new ATHs but continue to show indicators to hit even greater ATHs soon. Similarly, many altcoins are showing bullish signals and have yet to set new ATHs this bull cycle.
JASMY Hints at Substantial Upside Move
One such asset is the altcoin known as the Bitcoin of Japan, JasmyCoin (JASMY). As we can see from the post above, this analyst says that JASMY has stepped closer and closer to what could be another major breaking point. Now, he observes the altcoins previously displayed breakouts and expects a substantial upside move in JASMY price.
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