VET/BTC Price Chart Marks 5-Year Low Indicating Major Signal for Accumulation and an Eventual Price Pump

• The $VET/$BTC price chart hits a 5-year low, marking a key accumulation phase.
• Historical patterns suggest a potential 2025 bull run with major uptrend.
• Crypto acceptance and global monetary policy shifts favor market growth.

Bitcoin nears the $63,000 target and altcoins mirror the same expectation for a bullish $BTC rally within the altcoin market as well. Both $BTC and altcoins have been indicating multiple bullish signals in their respective price charts across various positive signs. Amongst the altcoins alone, a range of these potential assets is expected to make massive pumps.

With the expectations for a bullish altseason on the horizon alongside a green close to September and historical indicators for a very green Q4, sentiment for massive gains in the coming months is higher than ever. Many altcoins are feeding this rally along with Bitcoin and these altcoins include a long-time favorite for the VeChain community $VET.

Vechain Marks 5-Year Low

In detail, the $VET/$BTC price chart marks how the altcoin is trading at its lowest price since September 2019. This phenomenon presents a unique accumulation opportunity for traders and investors. As we can see from the chart below, one seasoned trader and $VET enthusiast explains the potential hidden within the altcoin for the coming bull run.

Currently, $VET is priced around 340 satoshis. The last time this level was reached, it marked the end of a bearish cycle and triggered a significant 1,291% bullish surge over 595 days. This historical trend, coupled with today’s similar price action, suggests a strong possibility for another major uptrend.

VeChain’s Iconic Come Back?

The bear market for $VET/$BTC has lasted 1,246 days, making this bottom an important signal for the start of a new accumulation phase. Accumulation refers to buying assets steadily with the intent of holding long-term, and the current market conditions align with this strategy. Thus, the analyst goes on to advice investors to take advantage of the low prices, as he is certain the $VET price will pump soon.

Market conditions, including a shift in global monetary policies and increased crypto acceptance, point toward a massive bull run in 2025. With cryptos now more accessible to the global population, the upcoming cycle could potentially be the largest bull market in history, offering life-changing returns for early investors.