• Popular analyst sees four altcoins make bullish cup & handle formations.
  • SOL, TAO, FOXY, and DOGE could make significant gains soon.
  • Ethereum is mirroring Bitcoin’s bullish 2020 pump based on chart patterns.

Bitcoin has sunk back to the $66,000 price range but the bullish momentum takes no hit. Presently, the Crypto Fear & Greed Index boasts a Greedy score of 71, this portrays the still bullish state of the crypto market. Indeed, the high pump potential of Q4 remains strong and one analyst is noticing a similar bullish pattern on multiple altcoins.

The Q4 pump for Bitcoin which could take BTC price to between $100,000 to $150,000 only adds more fuel to a high expectation for a bullish altseason in Q1 of 2025. Many altcoins have begun to make bullish patterns on their price charts from hidden bullish divergence to inverted head & shoulders formation. 

4 Altcoins Flash Cup & Handle Signal

While some altcoins have already begun to pump, many altcoins are yet to start their upward bullish momentum. Meanwhile, other altcoins are printing a highly bullish cup & handle formation, similar to that of Bitcoin. This pattern is an incredibly bullish indicator of what could bring their holders highly explosive gains.

Cup and handle szn 👀 $SOL $TAO $FOXY $DOGE pic.twitter.com/GSlp6wA0Ai

— Miles Deutscher (@milesdeutscher) October 23, 2024

As we can see from the post above, a popular and reputed analyst finds 4 altcoins showing the same bullish cup and handle patterns. To highlight, the altcoins are Solana (SOL), Bittensor (TAO), Foxy (FOXY), and Dogecoin (DOGE) . The charts in the post highlights how all four assets are waiting to see the massive pump ahead. 

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Ethereum Mirrors BTC’s 2020 Pump Pattern

#ETH is forming structure similar to #BTC 2020 when it was at 10k. pic.twitter.com/ZLhEs9GJsp

— ᴀʟᴛꜱᴛʀᴇᴇᴛ ʙᴇᴛꜱ (@AltstreetBet) October 22, 2024

Similarly, the pioneer altcoin, Ethereum (ETH) , seems to be mirroring the same structure that Bitcoin (BTC) printed in 2020 when the asset was at $10,000. Could ETH pull a surprisingly higher pump than most analysts are expecting this bull run? Perhaps the arrival of altseason will reveal its cycle top.  

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