The Biggest Crypto Predictions for July 2024

๐Ÿ”น **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 $62,000.๐Ÿ”น

**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.

๐Ÿ”น **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. ๐Ÿ“‰๐Ÿ’ก