Pumptober Rally Is Back as Analysts Predict BTC $180K, ETH $12K With Altcoins to Rally Next
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- Ash Crypto says markets may dump early in October to shake out weak bulls.
- Then between October 15-20, a “massive pump” could carry BTC to $150K–$180K and ETH to $8K–$12K.
- Institutions already hold over 3.8M BTC, building the foundation for a Q4 breakout.
Bitcoin has tagged downside targets earlier this week, prompting traders to ask whether bulls can defend current levels and close the week in green. Altcoins, however, continue to show weakness, with several large-cap assets trading in a fragile zone. On the traditional front, gold remains in a strong uptrend.
The Total3 chart, which measures the market cap of all cryptocurrencies excluding Bitcoin and Ethereum, continues to struggle. The chart has not yet shown higher highs or higher lows — a signal required for altcoin recovery.
Analysts Expect a “PUMPtober” Comeback
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