Cryptocurrency predictions for June 2024
1. Bitcoin (BTC):
Analysts suggest that Bitcoin may rally to reclaim its all-time high once it breaks out of the symmetrical triangle. A sustained close above the $69,330 resistance level could propel BTC to $74,400.
2. BONK (Meme Coin):
BONK might witness a slight dip when retesting an old Range High. If it bounces off this level, it could confirm the breakout and signal that the upward trend will likely continue.
3. Ethereum (ETH):
Ethereum's price may skyrocket once the ETF (Exchange-Traded Fund) becomes tradable. The approval for the ETF has not yet been priced in, making it an interesting development to watch.