WikiBit 2026-06-17 18:00Bitcoin may still be under pressure, but one crypto analyst says the market could be getting closer
Bitcoin may still be under pressure, but one crypto analyst says the market could be getting closer to a bottom. Referencing Coinbase CEO Brian Armstrong‘s recent comments, the analyst explained that Bitcoin’s $60,000 level may mark the cycle low.
More than 50% of Bitcoin holders are currently in loss, a signal that also appeared near the bottoms of the 2018 and 2022 bear markets.
While he expects weakness could continue for a few more months, he sees the current period as an accumulation phase. Here are Top 3 Altcoins to Buy:
$XLMs Big 2027 Opportunity
Among the altcoins on his watchlist, Stellar ($XLM) is one of the most overlooked projects.
Aerodrome Finance Gains Attention
What if the #1 DEX on Coinbase's L2 that generates $6.9 million in monthly fees, distributes 100% of it to voters, and was built with zero VC money is about to merge with its sister protocol and launch on Ethereum mainnet to directly challenge Uniswap?
Hyperliquid Remains a Market Favorite
The third project on the list of top 3 altcoins to buy is Hyperliquid ($HYPE).
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