#Bitcoin❗ #ARB🔥🔥🔥
The Biggest Crypto Predictions for July 2024
🔹 **Bitcoin's Potential Decline**: Bitcoin faces a bearish outlook with a possible 17% drop, targeting $50,982, due to a double-top pattern on the weekly chart. Recovery hinges on reclaiming $62,000.🔹
Arbitrum's Alarming Trend**: Arbitrum (ARB) sees a significant decline, potentially hitting a new all-time low amidst a bearish head-and-shoulders pattern. Recovery hopes rest on surpassing $0.929.
🔹 **NFTs on the Decline**: Non-fungible tokens (NFTs) experience an 81% drop in trading volume over the past three months, driven by market sentiment and competing investment options like AI tokens.Stay informed about these critical developments shaping the crypto landscape ahead. 📉
