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LTC, AVAX, APT and FTM prepare to rally as Bitcoin price targets $24K By Cointelegraph



© Reuters.

(BTC) has rallied nearly 40% so far in January, which is the best start to the year since 2013. The sharp up-move has turned several on-chain signals bullish, according to on-chain analyst Cole Garner.

Usually, a sharp recovery from the market lows, driven by the leader, is a sign that strong hands may be buying aggressively. That could be because traders believe the selling may have been overdone in the near term or they found the valuation to be attractive.

Crypto market data daily view. Source: Coin360
BTC/USDT daily chart. Source: TradingView
BTC/USDT 4-hour chart. Source: TradingView
LTC/USDT daily chart. Source: TradingView
LTC/USDT 4-hour chart. Source: TradingView
AVAX/USDT daily chart. Source: TradingView
AVAX/USDT 4-hour chart. Source: TradingView
APT/USDT daily chart. Source: TradingView
APT/USDT 4-hour chart. Source: TradingView
FTM/USDT daily chart. Source: TradingView
FTM/USDT 4-hour chart. Source: TradingView