Summer

<ul class="news-points">
 <li>Analyst Ansem stated that BTC and SOL might continue sideways consolidation.&nbsp;</li>
 <li>Ansem sees no bullish move before the end of Q3/Q4.</li>
 <li>The analyst said he isn’t a believer in the theory that the market has already topped.</li>
</ul>
Crypto analyst Ansem predicts a sideways summer for Bitcoin and Solana, with potential opportunities arising in the altcoin market.
The analyst’s insights, shared on X (formerly Twitter), highlight the diverse movements of different cryptocurrencies and the importance of identifying strong narratives for potential outperformance.
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 this may be helpful for people to see different altcoin charts &amp; where we are currently at charts like 1) 2) <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> – have not broken beneath March lows, can still make argument for sideways consolidation before next leg up 3) <a href="https://twitter.com/search?q=%24AVAX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$AVAX</a> (most alts) breaking down beneath March… <a href="https://t.co/AwFwzg6cip" target="_blank" rel="noopener noreferrer nofollow">https://t.co/AwFwzg6cip</a> <a href="https://t.co/EtV4A1YToV" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/EtV4A1YToV</a>— Ansem <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f8.png" alt="🧸" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4b5.png" alt="💵" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@blknoiz06) <a href="https://twitter.com/blknoiz06/status/1803105607773225221?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 18, 2024</a>
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Ansem said that Bitcoin and Solana (SOL) have not broken below the highs seen in March, which suggests the possibility of “sideways consolidation before the next leg up,” while Avalanche (AVAX) and other altcoins have broken down below the March high…
The post <a href="https://coinedition.com/bearish-outlook-for-bitcoin-solana-analysts-summer-forecast/" rel="noopener noreferrer nofollow">Bearish Outlook for Bitcoin, Solana: Analyst’s Summer Forecast</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bearish Outlook for Bitcoin, Solana: Analyst’s Summer Forecast

Coin Edition

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