No sooner than the U.S. elections turned in favour of the Democrats, the crypto space began to thrive. Donald Trump is the 47th President of the United States who admired Bitcoin and shared his plan to work for the betterment of the crypto industry. With this, the win is expected to revive a strong upswing as altcoins like Litecoin, Chainlink, Avalanche, Lido DAO, & Injective enter back into a bullish range. With this, the expectations of a strong Altseason have become more viable as a small push may cause a major breakout from the bearish range
Besides, the Lido DAO (LDO) and Injective (INJ) prices have also attracted massive gains, suggesting a strong rise above the resistance in a short while. However, the altcoins are expected to maintain a consolidated ascending trend until the Bitcoin price marks a new ATH above $80,000. However, the rally does not seem to halt anytime from now until it reaches the peak above the $100K milestone. This may keep up the bullish momentum within the markets and eventually trigger a strong Altseason later.
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