bullish

Movement

Bitcoin

<ul>
 <li>Bitcoin (BTC) experiences a healthy market correction.</li>  
 <li>This move has also triggered bullish turns from altcoins.&nbsp;</li>  
 <li>Bitcoin and altcoins are both leaning towards parabolic gains ahead.</li> 
</ul>  
<p>Bitcoin (BTC) experiences a healthy market correction according to many seasoned crypto traders who are pleased to see a market correction earlier in the bull run phase of the ongoing crypto bull cycle. With <a href="https://cryptonewsland.com/bitcoin-closes-september-in-bullish-green-8/" target="_blank" rel="noopener noreferrer nofollow">major BTC ATH sights</a> from $220,000 to $550,000, analysts are eager to see market corrections play out before the ATH arrives.</p>  
<h2 class="wp-block-heading" id="h-bitcoin-price-action-boosts-bullish-altcoin-movement">Bitcoin Price Action Boosts Bullish Altcoin Movement</h2>  
<p>Sights are set next on which target is next for Bitcoin. Expectations for <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC price</a> to set a new ATH first at a level near the $80,000 price is a popular one. Yet, many analysts are hoping to see Bitcoin (BTC) hit a much higher price target. This price target will likely take BTC to above the $100,000 level.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/MikybullCrypto/status/1840782098774278514
 </div>
</figure>  
<p>According to the post above, one analyst shares his highly bullish sentiment for Bitcoin (BTC) as the <a href="https://en.macromicro.me/charts/29385/global-money-supply-m2" target="_blank" rel="noopener noreferrer nofollow">global M2</a> just broke its previous ATH. He believes this is a huge sign to trigger a much higher BTC price pump. In fact, the analyst goes on to set the next target area for Bitcoin at $114, 000 and marks this the first log band.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-altcoins-turn-diabolically-bullish">Altcoins Turn Diabolically Bullish</h2>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/JavonTM1/status/1840780816613298587
 </div>
</figure>  
<p>Mirroring this very bullish Bitcoin (BTC) sentiment are altcoins. With expectations for a bullish altseason gaining traction amid very <a href="https://cryptonewsland.com/bitcoin-sees-multiple-signals-for-bullish-q4/" target="_blank" rel="noopener noreferrer nofollow">green expectations for Q4</a> of 2024. As we can see from the post above, several altcoins are turning bullish and are showing major strength.&nbsp;</p>  
<p>This, the analyst remarks, is just the beginning of major breakouts and hints at a massive bull pattern loading for altcoins. The analyst ends his post confirming that a massive bullish pump lies ahead for Bitcoin and altcoins.</p>     
<p>The post <a href="https://cryptonewsland.com/bitcoin-sets-heavily-bullish-responses-from-altcoins/" rel="noopener noreferrer nofollow">Bitcoin (BTC) Dips in Healthy Correction Resulting in Heavily Bullish Responses From Altcoins</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bitcoin (BTC) Dips in Healthy Correction Resulting in Heavily Bullish Responses From Altcoins

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