Bitcoin

Arweave

Fantom

Chainlink

<p>The post <a href="https://coinpedia.org/news/top-altcoins-to-consider-as-bitcoin-price-breaks-the-60k-barrier/">Bitcoin Breakout Incoming! Top Altcoins to Buy Now for Max Profits</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In a recent video, crypto expert Crypto Banter analyzed <a href="https://coinpedia.org/news/why-is-bitcoin-price-up-today-btc-price-follows-asias-nikkei-225-hits-60-5k/">Bitcoin’s price</a> movements, noting a notable resurgence as the cryptocurrency climbed back above the $60,000 mark. After a lengthy period of sideways trading, Bitcoin now seems poised for a significant breakout, signaling a potential new bullish phase.</p> 
<p>Let’s dive in!</p> 
<h2 class="wp-block-heading" id="h-bullish-reversal-patterns-what-to-watch"><strong>Bullish Reversal Patterns: What to Watch</strong></h2> 
<p>Bitcoin’s recent period of sideways movement might have been frustrating, but it’s actually setting up a bullish reversal pattern. Despite a challenging market that has discouraged many investors, this consolidation phase is crucial. Bitcoin is currently facing strong resistance at $60,000. If it breaks through this level, it could quickly rise to the $68,000-$70,000 range, possibly reaching new all-time highs.</p> 
<h2 class="wp-block-heading" id="h-short-squeeze-on-the-horizon"><strong>Short Squeeze on the Horizon?</strong></h2> 
<p>Crypto Banter emphasizes the need to prepare for a possible short squeeze as whales and large institutions continue to accumulate Bitcoin and altcoins. The recent market shakeout, which induced fear and uncertainty, has brought in the liquidity needed for a strong recovery. This could lead to a rapid price surge if the momentum continues.</p> 
<h2 class="wp-block-heading" id="h-top-altcoins-to-watch-right-now"><strong>Top Altcoins to Watch Right Now</strong></h2> 
<p>As Bitcoin stabilizes and possibly breaks through its resistance levels, attention is shifting to altcoins. Many are at important support levels, and the next few weeks could be crucial for spotting opportunities before they rally. Here are some top altcoins to consider:</p> 
<h3 class="wp-block-heading" id="h-near-protocol-near"><strong>Near Protocol (NEAR)</strong></h3> 
<p><a href="https://coinpedia.org/price-prediction/near-protocol-near-price-prediction/" target="_blank" rel="noreferrer noopener">Near Protocol</a> is exiting its investment entry zone and showing strong bullish signs. The token has recently given a pin bar signal, suggesting that a strong upward move could be imminent. With the potential for a 20-40% gain in the short term, NEAR is a solid pick.</p> 
<h3 class="wp-block-heading" id="h-arweave-ar"><strong>Arweave (AR)</strong></h3> 
<p><a href="https://coinpedia.org/price-prediction/arweave-ar-price-prediction/" target="_blank" rel="noreferrer noopener">Arweave</a> is a decentralized storage network that recently hit a key investment zone. As it approaches a trend break, AR is poised for a significant push, potentially reaching the $40-$50 range. This makes it a great opportunity for those looking to capitalize on the next market rally.</p> 
<h3 class="wp-block-heading" id="h-chainlink-link"><strong>Chainlink (LINK)</strong></h3> 
<p><a href="https://coinpedia.org/price-prediction/chainlink-price-prediction/" target="_blank" rel="noreferrer noopener">Chainlink</a> continues to be a leader in the blockchain oracle space, and it’s currently sitting in a favorable investment zone. As market conditions improve, LINK is expected to follow suit, offering good potential for both short-term and long-term gains.</p> 
<h3 class="wp-block-heading" id="h-fantom-ftm"><strong>Fantom (FTM)</strong></h3> 
<p><a href="https://coinpedia.org/price-prediction/fantom-ftm-price-prediction/" target="_blank" rel="noreferrer noopener">Fantom</a> has been a strong performer in previous market cycles and is now in a good position for a rebound. The token is showing signs of strength, and a breakout could see it return to previous highs or even surpass them.</p> 
<h3 class="wp-block-heading" id="h-xrp"><strong>XRP</strong></h3> 
<p><a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noreferrer noopener">XRP</a> is breaking its weekly trend, showing potential for a significant move. If it can push past key resistance levels, it might even reach the psychological $1 mark, making it an attractive option for traders and investors alike.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe title="Buy Altcoins BEFORE Bitcoin’s Next Level! [PUMP IMMINENT!]" width="1220" height="686" src="https://www.youtube.com/embed/96aPps2DRAk?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
 </div>
</figure> 
<p>Also Read: <a href="https://coinpedia.org/news/bullish-signs-for-altcoins-as-5-year-usdt-dominance-breaks/" target="_blank" rel="noreferrer noopener">Crypto Analyst Predicts Altcoin Market Recovery Amid USDT.D Decline</a></p> 
<p><strong>Don’t miss out on this golden opportunity. Invest in the future today!</strong></p>

Bitcoin Breakout Incoming! Top Altcoins to Buy Now for Max Profits

Table of Contents

CoinPedia News

Other articles published on Aug 20, 2024

Tron (TRX) Jump into Top 10 Cryptos: Justin Sun Reveals Millions of New Users Coming Soon”

Hamster Kombat Rejects VC Proposals to Ensure Fair Play for Users: Report

TechDev Predicts BTC Could Mirror Nikkei and Hit $1M by 2027

XRP News Today: Ripple’s Innovative Partnership with the IMF to Boost Palau’s Economy

DTX presale brings opportunity for major profits as WIF, PEPE whales join

Gary Gensler Could Become Secretary of Treasury If Kamala Harris Wins The Election

Join our free newsletter for daily crypto updates!