• Bitcoin price continues its slow yet steady bullish sideways movement.
  • The sentiment continues to remain highly bullish for BTC and altcoin pumps ahead. 
  • Specifically for WIF, an analyst marks two new ATH targets.

The price of Bitcoin BTC hovers between the $63,000 and $64,000 range as analysts and traders wait patiently for BTC to breakthrough the next $66,000 resistance level and soar toward hitting its previous ATH at the $73,000 price range. Once this target is reached analysts are certain that BTC price will continue to set new ATH in the 6-digit target range.

Bitcoin Surge Indicators Influence Altcoins

The expectations for a bullish new range of Bitcoin ATH come from the fact that September closed in a green signal. This added to the fact that historical data points to a bullish Q4 like it is in every other Bitcoin Halving year only further adds to the bullish pump narrative. Finally, the impending arrival of a bullish altseason also points to a major altcoin surge ahead. 

All these factors together have led investors and traders in the crypto market to accumulate and hold before the market turns greedy. Also adding to the bullish expectations is the fact that altcoins themselves are showing highly bullish signs, many of these altcoins have already begun to print bullish signals on their price charts. 

WIF’s Ride to Set New ATHs

#WIF is the most popular meme token on Solana blockchain😳

Currently crossed out of the Bullish Flag re-accumulation and ready to retest the major supply zone👀

Looking for some consolidation below the Major Supply Zone and breakout📈

🎯1 Target – 7.210$
🎯2 Target – 10.280$… pic.twitter.com/nYmfU7Pmgw

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— Alex Clay (@cryptclay) October 13, 2024

For instance, one analyst shares the bullish signs forming on the dogwifhat (WIF) altcoin price chart. In detail, he marks this asset to be the most popular meme token on the Solana blockchain . The analysts states that the asset has currently crossed out of the bullish flag re-accumulation and is preparing to retest the major supply zone. 

In addition, the post states that the asset is presently looking for some consolidation below the major supply zone and could breakout soon after. With that said, the analyst goes on to list two targets for the memecoin at $7.210 and $10.280. This could very well push the price of WIF into new ATH territory.

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