Altcoin BNB sets a new $855 ATH soon after its $804 ATH record.
Alongside Binance Coin, several other altcoins are showing multiple bullish indicators.
The crypto market heats up with multiple bullish indicators.
The crypto market is growing more bullish by the week as popular altcoins show steady signs of hitting higher highs. In fact, one popular altcoin went on to set a new ATH price just recently. To highlight, BNB set a new $855 ATH record, a consecutive ATH after its recent $804 ATH price target, showing Binance Coin’s strength and potential. At the same time, the crypto market is experiencing a myriad of bullish new signals.
BNB Sets a New $855 ATH
Popular altcoins have been showing strong potential for growth and hitting new ATH targets over the last few months. Most recently, the price of the native token of the popular crypto exchange Binance, Binance Coin (BNB), hit a new ATH of $804 last week. This ignited bullish sentiments for the altcoin, and reputed analysts expected the altcoin’s price to continue to rally in the days ahead.
https://twitter.com/CryptooIndia/status/1949671756773618149
This expectation was well placed as the price of BNB went on to set a new ATH just a short time ago. As we can see from the post above, the price of BNB set a new ATH of $855. According to CoinMarketCap analytics, the price of BNB went up over 6% in under a day and is now trading just below its new ATH price record of $855, in the $842 price range. The asset is also boasting a total market cap of $117,388,670,899.31 and a 24-hour trading volume of $3,240,107,534.94.
While expectations for BNB and almost all other potential altcoins in the market to pump, purge, and rally to much higher ATH targets continue to grow exponentially, analysts are finding multiple bullish indicators on altcoin price charts as well as several other external factors to prove that the price of the enitre crypto market and its assets will explode in the coming days ahead.
Crypto Market Heats Up With Multiple Bullish Indicators
https://twitter.com/DrProfitCrypto/status/1949590190365745411
As we can see from the detailed report shared by the silver-tongued analyst Doctor Profit, known for his accurate predictions, the crypto market is truly experiencing several bullish factors across multiple indicators. To highlight a few, Doctor Profit sheds light on Trump’s trade deal, recent whale movements, the M2 Money Supply, and the upcoming FOMC on Wednesday.
All in all, the analyst concludes that with May and June having experienced the most aggressive printing this year, with a monthly increase of +0.63%, the largest spike so far, combined with BTC’s typical lag to M2, around 60 to 90 days, he concludes that a significant BTC rally is in the works for the coming weeks ahead, which will bring the price of BTC to the $130,000 and above price target zone.
