Bitcoin Price Hits ATH! How Will the Majors Perform This Alt Season?

Some small cap altcoins like DATA, SXP, LINK, BAND, VET, etc. grew by 5-10 times their low price point in 2020 itself. BTC has hit a new all-time high value, and many majors have started showing signs that they are on the way towards their all-time high price.

Bitcoin price hit a new all-time high earlier today at $19,799.03. Let us review the majors like BTC, ETH, XRP, and BCH to see the possible targets purely based on Fibonacci series for the anticipated Alt Season.

BTC/USD – Price Prediction

Bitcoin price

BTC is approaching a double top on higher time frame at its all-time high price of $20,000. If we can break $19,900 and flip it to support, we could see a Bitcoin price move towards, $20,768, $21,816, $23,308, and $25209. Failure to break the all-time high could lead to an accumulation near ATH and a sideways Bitcoin price move with correction towards $17,600 and $16,700.

ETH/USD – Price Prediction

ETH/USD price

ETH is approaching a double top formation, and if it can break $625 and flip it to support, we can see an ETH price move towards $659, $708, and $769. Failure to break $625 could lead to a pull back towards $592, $550, and into the support at $479.

XRP/USD – Price Prediction

XRP/USD

XRP has been lagging behind for a long time, and we have recently started seeing good moves in XRP. Based on fibs, if we can break $0.73 and flip it to support, we could see a continued XRP price momentum towards $0.80, $0.89, and $1.01. Failure to break $0.73 could lead to a drop in price towards $0.58 and $0.45.

BCH/USD – Price Prediction

BCH/USD

If BCH can clear $308 and flip it to support, we can see a move by BCH price towards $354 and $420. Failure to break $308 could lead to a pull back towards $261.

Images courtesy of TradingView.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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