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While market participants will be largely focused on the possible debut of Ethereum spot ETFs in July, other assets could also surprise investors.

The editors of BeInCrypto tried to look into the near future and give forecasts for the crypto market for the coming month.

Bitcoin could fall to $51,000

At the moment, Bitcoin is trying to rise above the $60,000 threshold. However, the weekly chart hints that a deep correction may be ahead for the main cryptocurrency.

As shown in the chart below, the price of the asset formed a double top. This pattern is considered a macro-bearish signal and usually indicates the beginning of a decline. If the hypothesis is correct, BTC will first try to find support at $58,874. However, losing it will lead to a fall to $50,982, which would be a four-month low.