Prominent crypto analyst predicts BTC price pump in July – How much will Bitcoin rise?

Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on any goods, services or content mentioned in the press release.

After a difficult period for the crypto market, the majority now seems to be able to recover. Bitcoin also had a difficult month, but fortunately managed to rise again in the past few days. A well-known crypto analyst now even predicts that the Bitcoin price can pump in July. How much will Bitcoin rise?

After a difficult period for the entire crypto market, the majority of the market now seems to be finally able to recover. Leaders such as Bitcoin (BTC) and Ethereum (ETH) rose by 2.59% and 4.41% respectively over the past week, while bigger gains were possible for the number 5 of the crypto market, Solana (SOL). Solana rose by more than 15% over the same period.

Bitcoin price chart (7 days) – Source: CoinMarketCap

Although Bitcoin’s recent rise is still low, with the loss of the past month (7.37%) still not recovered, there are now well-known crypto analysts who expect a significant pump in July.

Prominent crypto analyst predicts Bitcoin price pump in July

Renowned crypto analyst Ali Martinez recently shared a trend that suggests Bitcoin’s recent price action is similar to historical patterns that led to a significant recovery at the time.

Historically, Bitcoin has been able to follow up a negative June with a strong July. Bitcoin has historically averaged a 7.98% increase this month, Martinez said.

In June, Bitcoin experienced another significant drop below $60,000. This drop was largely caused by the Mt. Gox payout and the increased selling pressure that came with it.

A 7.98% increase could now help the BTC price towards $68,000.

The new bullish sentiment could lead to a breakout of the descending ‘Broadening Wedge’ pattern, according to another crypto trader, Captain Fabik. This pattern often indicates a significant increase and a successful breakout could help the Bitcoin price past $70,000. An increase of more than 10% from the current level.

Bitcoin Technical Analysis – Will Bitcoin Rise?

The RSI of the Bitcoin price seems to support the bullish sentiment of the Bitcoin market at the moment. After being below 20 on June 24, the RSI has now risen towards 60. This is a clear sign that the buying momentum of the Bitcoin price is increasing.

Bitcoin RSI Rises Towards 60 – Source: TradingView

However, this increase in buying momentum has not yet caused the MACD histogram to turn green. This indicator still gives a sell signal with a value of -1544.

In addition, the current Bitcoin price is still below a large portion of its key EMAs.

However, the recent surge has seen the Bitcoin price rise above its 10-day EMA of $62,327, a sign that the Bitcoin price could see further gains in the near term.

Despite the fact that Bitcoin’s current technical fundamentals are still giving mixed signals, there certainly seems to be room for a significant recovery in the Bitcoin price. Based on the historical pattern of the world’s largest crypto, a rise beyond $65,000 is certainly possible.

However, the Bitcoin market still seems to be prone to volatility and all external factors will therefore have to be positive if Bitcoin wants to make a significant increase in the short term. The launch of the first ETH ETF can certainly help with this.

Alternatives for crypto investors looking for big profits

In any case, it does not look like Bitcoin can rise more than 10% in the coming weeks. These kinds of increases are no longer attractive to many investors, especially not to memecoin investors.

Memecoins have historically been able to generate hundreds and sometimes even thousands of percent in profits. Investors in this market segment will therefore not be so quick to invest in BTC as this crypto is not able to experience these kinds of increases due to its large market cap.

Investment options that can be interesting for this type of investors are presale tokens. These tokens are still in their presale phase and sell their tokens here for reduced prices to get their financing around.

Once these projects manage to gain traction and then launch their token on exchanges, they can make hundreds of percent in profits.

For this reason, we describe three of the best presale tokens of 2024 below.

Pepe Unchained (PEPU) – Eerste memecoin Layer 2 blockchain ter wereld

Pepe Unchained is a new alternative to the original Pepe coin. Pepe coin is one of the most popular memecoins on the market and is therefore in 3rd place of the memecoin market. Due to its popularity, new Pepe alternatives are released on the market every day, but none of these alternatives managed to distinguish themselves like Pepe Unchained does now.

Pepe Unchained is developing the world’s first memecoin Layer 2 blockchain. With this blockchain, the project wants to ‘liberate’ the original Pepe from the Ethereum blockchain. This blockchain is known for its slow and expensive transactions. The Pepe Unchained blockchain also forms a launchpad for new memecoins.

Users can benefit from faster and cheaper transactions on this blockchain. In addition, there is double staking rewards within the staking mechanism of this project. Within this staking mechanism, more than 140 million tokens have already been locked up at an APY of up to 1111%.

The Pepe Unchained presale quickly proved to be a huge success and has already raised over $1.7 million from early investors in a short period of time. Tokens cost $0.0081939 during this presale but will continue to increase in price in the short term. Tokens can be purchased using ETH, USDT, BNB and credit card.

Visit Pepe Unchained Presale

Base Dawgz (DAWGZ) – New Memecoin Creates Decentralized World Without Borders

With Base Dawgz a new memecoin project has entered the market that is part of a new generation of memecoins. This generation of memecoins is moving away from being a joke and is increasingly moving towards a project with functionality, with of course still a big influence of memes. In the case of Base Dawgz this will be a decentralized world without borders.

Inspired by the freedom of base jumping, Base Dawgz aims to create a decentralized world without borders. Within this world, users should be able to seamlessly transfer their tokens across different blockchains. To achieve this, the native DAWGZ token will be available on the Ethereum, Solana, BNB, and Avalanche blockchains in addition to the original Base blockchain.

The fact that the DAWGZ token is built on the Base blockchain also brings with it the necessary potential. This relatively new blockchain has recently achieved great success and has also been responsible for the launch of Brett (BRETT), a fast-rising memecoin with a market cap of over $1.5 billion. Brett has already managed to rise more than 300% in the past 3 months. Base Dawgz is now preparing for similar increases.

The Base Dawgz presale has already raised over $1 million in just a week, but it doesn’t stop there. The presale is already at $2.2 million and users only have a short time left before the current price of $0.0055345 per token starts to rise even further. Tokens can be purchased using BASE, BNB, SOL, ETH and AVAX.

Visit Base Dawgz Presale

99Bitcoins (99BTC) – Market leader in crypto education launches its own crypto token

99Bitcoins is one of the big names in the field of crypto education. This project launched a website for crypto information in 2010 and has since grown into one of the greats within the crypto market. This project has now chosen to launch its own crypto with the start of the 99BTC presale.

The main reason this 99BTC token is being developed is the new Learn to Earn system that this project is working on. Within this project, users will be able to earn crypto while being educated about the crypto market. When users complete certain tasks, they will then be rewarded with the 99BTC token.

However, the 99BTC token does not only serve as a reward for this unique learning system, but also brings benefits such as trading signals and online webinars. Also, users who hold the token are able to be part of exclusive VIP community groups. In addition, 14% of the token supply is reserved for staking rewards, which means that users are able to earn profits when they stake the 99BTC token.

The 99Bitcoins presale has already raised over $2.3 million and tokens are currently priced at $0.00111 each. However, the presale is using a bullish pricing strategy meaning this is the last opportunity to purchase 99BTC tokens at $0.00111 each before they increase in price even further. Tokens can be purchased using USDT, ETH, BNB and credit card.

Visit 99Bitcoins Presale

Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on any goods, services or content mentioned in the press release.