With Bitcoin surpassing the $54,000 mark this morning, analysts and investors are currently clamoring to buy across all social platforms. The cryptocurrency space is filled with unprecedented intervention as volatility is present across the industry. However, for some bold investors, the current bearish sentiment in the market may prove to be a blessing in disguise.

For those looking to stock up and buy the precious July cryptocurrency dip, here are three of our top recommendations.

The market continues to be sluggish in July. Which coins are worth buying?

Cryptocurrency 1 - Bitcoin

While certain investors expect Bitcoin to hit $54,000, many see this as a possibility to buy the precious BTC “dip.” Santiment had earlier reported that calls to buy on the current market dips have fueled FUD, which either causes investors to sell off their offerings or buy too much. However, with some analysts believing that Bitcoin could soon hit a new price threshold of $75,000, bold investors are keen to buy on the current BTC dip and make the most of it.

According to CoinCodex, the price of Bitcoin could reach $108,000 by the end of 2024. This makes Bitcoin an ideal storage and inventory currency in the long run.

“Bitcoin is likely to trade in the range of $54,885 to $108,861. If the higher price target is achieved, BTC could surge by 99.30% to $108,861.”

Cryptocurrency 2 - Ethereum

Ethereum is also another crypto token to watch as it is currently trading below a bearish price level of $2,869. The coin has lost 9% in the past 24 hours. With the approval of an Ethereum ETF, the price of Ethereum is expected to hit new highs soon. This development makes Ethereum an ideal coin choice considering the thriving ecosystem that the coin is ready to spread and offer to its investors.

According to CoinCodex, Ethereum could surge nearly 81% and trade at $5,245.

Ethereum might trade in the range of $3,090.28 to $5,245.89. If the higher price target is achieved, ETH could surge by 81.79% to $5,245.89.

Cryptocurrency 3 - Shiba Inu

Shiba Inu is known for its extensive infrastructure development that is poised to help the token reach new price highs. 進峮佳威：362014583With Bitcoin trading at a low price level of $54,000, SHIB is currently trading at a price level of $0.00001335, down 13% in the past 24 hours. However, with the influx of new elements that are about to be injected into the ecosystem, the token is expected to become even stronger.

The Shiba Inu system will soon see a new Shibarium update, the blockchain version of Shiba Eternity, which are just some of the major developments that will help the token appreciate in value. With these lucrative gains, investors should explore the current Shib dip with all their might.

According to CoinCodex, the Shiba Inu is expected to trade at a staggering $0.00002882.

“Shiba Inu could trade between $0.00001104 and $0.00002882. If the higher price target is achieved, SHIB could surge by 116.42% to $0.00002882.”