Bitcoin (BTC) 
$98,167 has surpassed 99,000 dollars today, yet it is crucial to maintain support levels above six figures. For altcoin traders anticipating a price increase, avoiding a risk of falling to 85,000 dollars is essential. An analyst who previously predicted several significant declines has shared an evaluation of the current situation, raising questions about the future prices of AVAX and MINA Coin.
Potential Bitcoin Decline
Known by the pseudonym Rager, this analyst correctly forecasted the previous test at 90,500 dollars and several corrections. As one of the cautious analysts, Rager took downturn signals seriously, leading to successful predictions. In today’s assessment, he mentioned that the likelihood of testing 85,000 dollars has diminished, backing his claims with a graphical analysis.
He stated, “Many are hoping for a liquidation hunt at 85,000 dollars. As expectations concentrate in that direction, we are moving away and I believe we will not see such a significant correction now. This sell-off has provided what the market needs to reset. To continue the upward trend, BTC is bouncing off the daily 50 EMA.”
MINA Coin Price Prediction
After falling to 0.540 dollars, MINA Coin has yet to reach the desired levels. Even in March of this year, the price managed to climb higher, while most altcoins saw triple-digit gains after Trump’s election victory, MINA only approached the 1 dollar mark. Investors are now anticipating a regain of support at 0.68 dollars.
If MINA Coin can reclaim this threshold, it could target the 0.73 and 0.8 dollar levels. Further growth would require it to cross the 0.923 dollar mark. A return to the range of 1.07 to 1.28 dollars may signal the beginning of an upward movement for many altcoins.
For years, MINA Coin has been preparing to build its ecosystem, and many projects are now poised to launch simultaneously on the network. If community support generates a strong wave in the broader market, days could return when the 1.72 dollar yearly peak is surpassed, aiming for levels above 5 dollars. The resurgence of interest in the ZK space could further enhance the network’s appeal due to its lightweight and decentralized nature.
AVAX Price Analysis
AVAX is attempting to reclaim the mid-level of 41.37 dollars, and if successful, it could revisit the resistance at 50.14 dollars. This scenario is bolstered by the fact that the recent drop did not experience a significant pullback down to the 31 dollar channel support.
A target of 65 dollars seems reasonable for January, provided that BTC solidifies six-figure support levels.
