Bitcoin’s Stability Amidst Altcoin Volatility: June Predictions and Analyst Insights

Bitcoin is currently hovering around $104,000 after a weekend dip. While this stabilization provides some respite for investors, the altcoin market remains volatile, with fears and uncertainty leading to significant price drops. What are analysts predicting for the coming weeks? 2022’s CAPO warns of potential capitulation in Solana (SOL) due to repeated testing of key resistance levels around $170. This may push SOL Coin to revisit its historical lows, potentially reaching the $60-80 range in the near future. However, CAPO remains pessimistic about June based on these trends and market sentiment.