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Today, Bitcoin’s price is on the rise, marking a positive start to the new week. With tensions with China easing, we have long discussed reaching the peak of the fear mountain. However, this increase does not mean that everything has been left behind. What predictions do we have for AVAX and Shiba Coin?
Upticks in Cryptocurrencies
News of decreasing tensions with China has prompted BTC to rise again. However, the market needs to build confidence by converting the $92,000 level into support. Many cryptocurrency investors have witnessed numerous false spikes, which leaves them uncertain if today’s increase will continue.
For the first time in 50 days, Bitcoin 
$98,507 surpassed $91,000, raising hopes that significant developments tend to be priced in quickly. Many investors from around the globe are present, and when the majority accurately interpret recent developments, they almost predict the future and drive market movements.
If a formal agreement with China is announced, and tariffs are signed with photo ops, we will see confirmation of this thesis if BTC does not create large upper wicks. The cryptocurrency market is pricing in the awareness that, following the peak of fear, the tone is softening and the tariff chaos is beginning to reverse.
Comments on AVAX and Shiba Coin
After numerous attempts, AVAX’s price has climbed back over $21. Ignoring this month’s brief attempts, it has fought to surpass this threshold for an impressive 25 days and 21 hours. Its multiple failed attempts can be attributed to the overall negative market sentiment, and unlike SOL Coin, it lacks a significant positive divergence advantage, which is not surprising.
If we can see daily closes above $21.85, this will be supportive for AVAX, followed by attempts at new peaks in the $23.4 to $27 range. Of course, it is crucial for BTC to maintain the $92,000 level as support during this process.
A price above $0.0000128 would be positive for SHIB, and if $0.0000135 can be gained, we might see new attempts in the $0.0000147 range. It has been on a downward trend for so long that a turnaround from this low would indeed be impressive.
