The cryptocurrency market is undergoing active changes, with Bitcoin stabilizing while AVAX continues to seek ways to overcome obstacles.
Bitcoin: Stability and Expectations
Bitcoin holds its strong position above the $106,800 mark, reflecting market participants' expectations. While in November 2022 its price was around $15,000, the current price has surpassed $112,000, eliciting mixed feelings among investors.
> Jelle states, "Bitcoin’s time for a significant breakthrough is just around the corner," referring to current market trends.
AVAX: Challenges and Growth Potential
AVAX shows considerable buyer interest at the $18.1 level, but its development is hampered by international issues and geopolitical tensions. While SOL demonstrated higher growth last November, AVAX struggles with higher annual inflation and a less developed ecosystem.
Commentator Ali Martinez proposes a potential 40% increase in the future based on current market trends.
Market Prospects Amid International Factors
The future of Bitcoin looks promising, especially considering potential growth in July, supported by high closing values. Alternative opinions suggest a dip might occur before any potential growth.
> DaanCrypto notes, "Last week’s bullish engulfing candlestick by BTC indicates strength, although surpassing resistance levels remains crucial for targeting higher prices in the weeks ahead."
Analysis of current factors highlights the significance of economic policy and international circumstances for the future development of cryptocurrencies.
The cryptocurrency market is at a crossroads of change, and actions as well as macroeconomic conditions will play a key role in its future trajectory.
