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Bitcoin and Ethereum Indicate Major Pumps Soon as Assets Show Multiple Bullish Metrics
As the cryptocurrency market continues to experience a series of unpredictable price swings, it appears that Bitcoin (BTC) and Ethereum (ETH) are gearing up for major pumps. According to recent analysis, both assets have shown multiple bullish metrics across their respective price charts.
It’s worth noting that Bitcoin is inching closer to its previous all-time high of $109,114.88, which could potentially set the stage for a final pump before Ethereum ushers in altseason. The price of Bitcoin has been steadily increasing, making it increasingly likely that it will reclaim its 6-digit prices and set a new all-time high.
In addition to this, many analysts are pointing out a series of bullish indicators on BTC’s price chart. These include a bullish divergence pattern and an inverse head & shoulders pattern. Furthermore, historical data is being studied to uncover other potential indicators for the next few weeks ahead.
One crucial piece of information is that historically, Bitcoin has reached a major top when specific metrics on its chart have crossed together. According to projections, these metrics are set to intersect in February 2026. This intersection typically leads to BTC’s top price exceeding this cross point. In this case, the projected cross point would put Bitcoin’s price at $258,000.
Meanwhile, Ethereum is also mirroring the market structure of Bitcoin’s third cycle, suggesting that a strong pump is imminent for the asset.
Source: cryptonewsland.com
