WIF

Since reaching $4 in late May, WIF has fallen significantly. However, $1.54 appears to be a relatively strong base for $WIF to recover from here. The downtrend line was broken on Monday and $WIF will try to stay above it.

However, new downward momentum could bring the price back to the trendline and even to the $1.54 base again. In the medium term, WIF can take full advantage of Bitcoin's next rally.

If BTC is able to hit new all-time highs again, expect WIF to do the same at least and reach $4.85.

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