- Bitcoin continues to hold strong between its latest two ATHs.
- Altcoins show strong pump signs alongside Bitcoin.
- SHIB price prepares for over 306% price pump.
Bitcoin (BTC) continues to hold strong between the last two ATHs it set between $75,011 and $76,460 in consecutive days following the start and finish of the US Presidential election. This highly bullish sentiment was fueled by pro-crypto US presidential candidate Donald Trump’s victory.
As fresh enthusiasm flows into the crypto market, seasoned analysts and traders expect the crypto market to pump parabolically over the remainder of Q4 and watch Bitcoin set new ATHs between $100,000 and much higher as 2025 begins. In fact, many experienced analysts believe Trump’s win has accelerated the super cycle.
Presently, the crypto community is experiencing the same bullish excitement that of the glory days of 2020 when Bitcoin pumped enthusiastically and set new ATHs on the daily. It seems traders are now in the ‘golden pocket’ period between Election Day and Inauguration Day, where strategic trades could yield substantial returns.
Renewed Optimism Takes the Crypto Market
This renewed optimism has also spread to the altcoin market, with expectations for altseason building up. Many predict that Q1 of 2025 will see altcoins reach fresh ATHs as altseason gains traction. Adding to the bullish altseason expectation many altcoins have already begun to print bullish signals on their respective price charts.
SHIB Eyes Over 306% Pump
As we can see from the post above Shiba Inu (SHIB) is one such altcoin. According to the analyst, the popular memecoin turned altcoin seems to be still fairly fresh off of a confirmed Hidden Bull Divergence and holding broken out.
Thus, SHIB, in what seems to be in the midst of a roaring Bitcoin market, can be getting ready for its next surge performance towards the $0.00081 target. The analyst concludes by saying this target will lead to over a 306% pump.
The post SHIB Eyes Over 306% Pump to $0.00081 Price Target, as Altseason Approaches, Analyst Says The Pump is Imminent appeared first on Crypto News Land.
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