- Analyst proclaims April bullish and set $400,000 BTC target.
- He also highlights bullish altcoins for altseason that could pump exponentially.
- These include RENDER, RVN, ONDO, RIO, ATH, SUI, W, ACH, POND, and VANRY.
The start of a new quarter and a new month prepares a possibly bullish stage for the crypto market. Boosting bullish sentiment amid the crypto community, several new bullish predictions take over as one analyst proclaims April bullish and sets a new cycle top target for Bitcoin at $400,000. After breaking down the reasons behind this ATH target, the analyst also shares the top promising altcoins for the coming altseason peak phase.
Analyst Proclaims April Bullish for BTC
As we can see from the post above, this analyst proclaims April to be a bullish month and goes on to share the reasoning behind his prediction. Most importantly, he says that Bitcoin (BTC) will hit a new ATH of $400,000 and allow altcoins to pump 100x to 200x in the coming altseason peak phase.
Despite the call for the end of the 4-year cycle structure, this analyst believes that the crypto market will continue to move in cycles and based on the previous cycle, altseason usually start about 50 weeks after the Bitcoin Halving event and peaks around 55 weeks later. He marks that we are now exactly 50 weeks since the Bitcoin Halving event from last year, meaning an explosive altseason is just on the horizon.
He then goes on to reminisce how last season between 2017 and 2021, he went on to make significant gains, and this year he expects the same outcome thanks to bullish catalysts like US BTC reserves, FTX repayments, and rising liquidity in the US and China. In fact, the analyst says that $50 crypto investments now could mean $10,000 in another month, especially if traders choose the right low-cap altcoins.
He concludes that all signs suggest history is about to repeat itself, and reveals what altcoins he will be buying now. To start off, he mentions Render Network (RENDER) saying that this project distributes a GPU network that connects those in need of GPU computing power with mining partners willing to rent out their GPU resources.
Following RENDER, he draws attention to Raven Coin (RVN) a peer-to-peer blockchain project designed to handle the efficient creation and transfer of assets from one party to another. Next, he mentions Alchemy Pay (ACH), a payment solutions provider that seamlessly connects fiat and crypto economies for global consumers, merchants, developers, and institutions.
Next, he highlights Ondo Foundation (ONDO) a project working to build the on-chain financial software to manage tokenized RWA and traditional crypto products, and Realio Network (RIO) an end-to-end blockchain-based SaaS platform for the issuance, investment, and life-cycle management of digital securities and crypto assets.
Finally, he concludes with Aethir Cloud (ATH) a decentralized real-time rendering network that builds scalable cloud infrastructure to enhance content accessibility in the Metaverse, Sui Network (SUI), Wormhole (W), Marlin Protocol (POND), and Vanar Chain (VANRY).
