- Bitcoin continues its steady recovery as altcoin prices surge.
- Altcoins VELO and GALA have started their pump phases.
- Analyst expects 13x and 70x for GALA and VELO respectively.
Bitcoin has reclaimed the $96,000 price range inching closer to its previous ATH set at $99,655.50. This brings the pioneer crypto asset steadily closer to the $100,000 price mark creating heightened bullish sentiment for traders and investors in the crypto market space. At the moment, altcoins have taken the lead as BTC price recovers.
Altseason Sparks Multiple Altcoin Pumps
In detail, the Altcoin Season Index is at a score of 90 marking what could possibly be the start of the highly-anticipated altseason which was initially expected to kick-off in Q1 of 2025. However, considering the latest market movements and the present price pumps across a myriad of altcoins, it seems that altseason may have had an early start to this bull cycle.
To highlight, many altcoins have already begun to pump like XRP which is up almost 500% in the last 30 days. Similarly, VET, VTHO, and ADA saw significant pumps as well. ONDO even set a new ATH today and all altcoins mentioned are still showing strong signs for even greater pumps as we continue through the ongoing altseason.
GALA and VELO Prepare for 13x and 70x Pumps
As we can see from the post above, one such bullish altcoin signifying massive gains ahead is GALA. This altcoin has the potential to pull a 13x price pump in the coming months as the analyst highlights in the post above. He even expects another 1,221% climb to hit the $0.712 price target for GALA.
Likewise, the same analyst goes on to highlight significant pump potential for VELO as well. From the post above, we see how VELO has started to approach its post-breakout highs and is preparing for a significant continuation move. VELO price could pull a 70x to hit a new target of $1.6534 target in the coming days ahead.
The post Altcoins GALA and VELO Embrace the Start of Altseason With Bullish Indicators for Pumps Over 13x and 70x appeared first on Crypto News Land.