The cryptocurrency market is attracting attention again as Bitcoin confidently holds above $106,800, while altcoins finally start to show signs of recovery.
AVAX Price Forecast
AVAX continues to find buyers at $18.1, but its rise has been repeatedly thwarted by global issues such as tariffs and geopolitical conflicts. These factors have consistently interrupted its upward momentum, preventing AVAX from achieving peaks similar to its competitor, SOL Coin, during the November rally. Analyst Ali Martinez highlights a potential 40% rally, focusing on the key indicators and trends in the AVAX Coin chart.
Bitcoin's Current Status
Bitcoin remains above $100,000, becoming the new norm. However, those predicting a peak reversal are facing disappointment. In November 2022, BTC was struggling near $15,000, and now, despite rising to over $112,000, investor sentiment remains tempered. Analyst Jelle is optimistic about Bitcoin's future, confident that the time for a significant breakthrough is imminent. According to Jelle, Bitcoin is on course with market plans and appears poised for further gains in July.
Cryptocurrency Market Awaiting Upsurge
The market continues to wait for a new rally, despite the fatigue of investors. Analyst DaanCrypto foresees the possibility of another dip before an expected rise, reflecting the weary sentiment of investors questioning each potential downturn. At the same time, fatigue creates a conducive environment for cryptocurrencies to potentially initiate a significant rally.
Thus, the cryptocurrency market is experiencing an important moment, with Bitcoin establishing itself at new levels and growing hopes for the recovery of altcoins, potentially creating a positive direction for further investments.
