Bitcoin and Ethereum Poised for Major Pumps on Bullish Indicators

Bitcoin and Ethereum Poised for Major Pumps on Bullish Indicators

cryptonewsland.com
February 21, 2025 by Jhon E. Bermúdez
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Get ready for potential surges in Bitcoin and Ethereum prices! Chart analysis reveals several bullish indicators for both BTC and ETH. Could Bitcoin experience one final pump before Ethereum potentially sparks the peak altseason? The price of Bitcoin is edging closer to the highly anticipated $100,000 mark, bringing it within striking distance of its previous
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  • Get ready for potential surges in Bitcoin and Ethereum prices!
  • Chart analysis reveals several bullish indicators for both BTC and ETH.
  • Could Bitcoin experience one final pump before Ethereum potentially sparks the peak altseason?

The price of Bitcoin is edging closer to the highly anticipated $100,000 mark, bringing it within striking distance of its previous all-time high of $109,114.88 in just weeks. Historically, Bitcoin bull markets haven’t seen five consecutive weeks of price drops, suggesting we might be looking at a green week ahead for BTC. Will Bitcoin indeed reclaim six-figure territory and forge a new all-time high soon?

Many analysts are observing encouraging signs for Bitcoin (BTC), noting several bullish indicators forming on its price charts. These include a bullish divergence pattern and an inverse head & shoulders pattern. Furthermore, analysts are delving into historical market behavior to identify additional indicators that point towards a potentially bullish period for BTC in the coming weeks.

BTC Shows Bullish Metrics Aligning

As highlighted in the post above, this analyst points out a historical trend: Bitcoin has typically peaked when the two metrics shown on the referenced chart intersect. According to their projections, this crossover is anticipated in February 2026. Crucially, the analyst notes that historically, Bitcoin’s peak price has tended to exceed the price at which these metrics cross.

Bitcoin and Ethereum Indicate Major Pumps Soon

Specifically, regarding the tweet’s analysis, it suggests Bitcoin’s peak price is likely to surpass the projected cross price of these key metrics, potentially reaching as high as $258,000 per BTC by February 2026. Joining Bitcoin in this bullish outlook, Ethereum (ETH) also appears poised for a significant pump. The charts mentioned earlier indicate that ETH is mirroring Bitcoin’s market structure from its third cycle, further suggesting a robust price surge ahead for Ethereum as well.

Source: cryptonewsland.com