PYTH Macro Targets Set for $3.15 and $6 This Bull Cycle, Will PYTH Surge Once Altseason Begins?

• Bitcoin’s bullish indicators fuel expectations for a bullish altseason.
• Altcoins have already begun to make bullish signals of their own.
• Analyst sets two macro targets for PYTH at $3.10 and $6 this bull cycle.

Bitcoin (BTC) remains robust above $67,000, moving steadily within a gradual upward trend. Since March, BTC has exhibited consistent sideways momentum, with periodic upward shifts. Now, as the anticipated bullish Q4 unfolds, Bitcoin appears ready for another significant upward move.

BTC’s Impact on Altcoin Performance

Market analysts are increasingly optimistic, with forecasts suggesting BTC could reclaim its previous all-time high (ATH) and explore new price territory. Projections estimate BTC may hit between $100,000 and $150,000 by Q4’s end.

Looking ahead to 2025, many expect Bitcoin (BTC) to peak in this bull cycle, with top targets ranging from $220,000 to $550,000. Furthermore, setting a new Bitcoin ATH by Q4 could set the stage for a significant altseason in Q1 2025.

This bullish trend extends to altcoins, with several showing early signs of upward momentum. Coins like FET, JUP, and SUI are already rising, while others, including ADA, SHIB, and XRP, show strong potential for substantial gains, closely tracking Bitcoin’s performance.

PYTH Could 10x This Bull Cycle

$PYTH #PYTH Macro chart

🎯 Macro Target 1 – $3.15
🎯 Macro Target 2 – $6.0 pic.twitter.com/gyRC98ky6M

— CryptoBullet (@CryptoBullet1) October 24, 2024

Presently, one analyst sets his eyes on PYTH, as we can see from the post above, this analyst believes the price of PYTH could see significant upward movement in the coming months. He goes on to set two macro targets at $3.15 and $6 for PYTH this bull cycle.

According to CoinMarketCap analytics, the price of PYTH is presently $0.3686 with a total market cap of $1,336,301,729.33 and a 24-hour trading volume of $137,899,268.35. If the analyst’s predictions come true, PYTH can see more than 10x price pump this bull cycle.

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