Crypto Weekend Forecasts Provide Surprising Insights

Key Points

1. Bitcoin (BTC) is nearing the $117,000 threshold, with potential downturns possibly being bear traps.

2. AVAX, SHIB, and PEPE Coin could test specific price levels over the weekend, with PEPE Coin nearly achieving a 50% gain but facing resistance at $0.00001437.

3. The possibility of a Fed rate cut during the July 30 meeting has almost vanished, while the Michigan Consumer Confidence Index exceeded expectations, easing fears of a consumer spending slowdown.

4. Shiba Coin reached a target of $0.00001589, with potential drops to $0.0000123 if it closes below $0.00001400, or rallies above $0.00001762.

5. For AVAX, critical zones are $23.4 and $21.8, with potential drops to $20.3 if the latter doesn't hold, and rallies requiring a break through $26.9.