JASMY Preps for 1,403% Pump as SHIB Anticipates a 470% Pump Amid BTC and DOGE’s Bullish Reaction to Fed Rate Cut

Bitcoin Reacts Bullishly to Fed Rate Cut

The crypto market surged following the Federal Reserve's announcement of a 50-basis-point rate cut, with Bitcoin (BTC) regaining the $62,000 mark. Altcoins, such as Dogecoin (DOGE) and Shiba Inu (SHIB), are also showing bullish signals.

Analysts had predicted Bitcoin's surge based on historical patterns, as the fourth quarter of halving years has typically witnessed significant gains for cryptocurrencies.

Bullish Signals for Altcoins

Several analysts are highlighting bullish signals for Bitcoin and altcoins. One analyst sees a "Bullish Hidden Divergence" pattern that could propel BTC to a new all-time high of $116,000. Others observe the completion of a "Cup and Handle" pattern, indicating potential gains for BTC, XRP, ADA, DOGE, and JASMY.

JASMY, SHIB, DOGE Anticipate Gains

SHIB is poised for a major breakout that could lead to a 470% gain, according to one analyst. DOGE is also expected to surge towards $0.22 and $0.6. JASMY, often referred to as the "Bitcoin of Japan," is anticipated to pump by over 1,403%.