bullish

Light

Bitcoin

Avalanche

<ul class="wp-block-list">
 <li>Bitcoin’s bullish expectations seep into the altcoin market.&nbsp;</li>  
 <li>Multiple altcoin price charts are printing bullish indicators.</li>  
 <li>AVAX is altcoin making a significant falling wedge pattern that could take it to $228.</li> 
</ul>  
<p>Bitcoin's price is currently fluctuating between $63,000 and $64,000, with traders and analysts eagerly anticipating a breakthrough of the $66,000 resistance level. Once surpassed, many believe BTC could climb toward its previous all-time high (ATH) of $73,000. If this milestone is hit, experts predict Bitcoin will continue setting new records, potentially reaching six-figure levels.</p>  
<h2 class="wp-block-heading" id="h-bitcoin-bullish-expectations-affect-altcoins">Bitcoin Bullish Expectations Affect Altcoins</h2>  
<p>The optimism for Bitcoin's upcoming ATH is driven by <a href="https://cryptonewsland.com/bitcoin-closes-september-in-bullish-green-8/" target="_blank" rel="noopener noreferrer nofollow">September's positive close</a>, coupled with historical trends showing a strong Q4 performance during Bitcoin halving years. This has strengthened the narrative of an impending bullish rally. Additionally, the arrival of altseason, a period where altcoins see significant growth, is expected to drive further market momentum.</p>  
<p>With these bullish indicators in play, many investors and traders are accumulating Bitcoin in anticipation of the market's upward turn. The altcoin market is also showing strong signs, with several <a href="https://cryptonewsland.com/altseason-indicators-gain-momentum-vet-doge/" target="_blank" rel="noopener noreferrer nofollow">altcoins already displaying bullish patterns</a> on their price charts. This has further fueled confidence in a major surge across the crypto landscape.</p>  
<h2 class="wp-block-heading" id="h-avax-forms-falling-wedge-pattern">AVAX Forms Falling Wedge Pattern</h2>  
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  https://twitter.com/CryptoBullet1/status/1845481504400392451
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</figure>  
<p>In detail, one analyst throws the spotlight upon the <a href="https://www.avax.network/" target="_blank" rel="noopener noreferrer nofollow">Avalanche (AVAX)</a> price chart. This altcoin seems to be showing major pump potential where the asset can go on to set impressive new all-time highs (ATHs).</p>  
<p>To highlight, the analyst says that AVAX has broken out of a multi-month falling wedge pattern thus he expects to see a mighty good rally for the altcoin in the next 3-6 months. To add on, to his bullish expectations, he sets two new ATH top targets for the asset at $130 and $228, if the latter target is met then AVAX will beat its previous <a href="https://coinmarketcap.com/currencies/avalanche/" target="_blank" rel="noopener noreferrer nofollow">ATH of $146</a>.&nbsp;</p> 
<p>The post <a href="https://cryptonewsland.com/228-avax-multi-month-falling-wedge-pattern/" rel="noopener noreferrer nofollow">$228 AVAX ATH Potential Comes to Light as Avalanche Indicates Bullish Multi-Month Falling Wedge Pattern</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

$228 AVAX ATH Potential Comes to Light as Avalanche Indicates Bullish Multi-Month Falling Wedge Pattern

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