Analyst Credible foresees Bitcoin breaking out of consolidation zone and following bullish trajectory based on Elliott Wave theory.
BTC expected to trade in a compressed range under resistance, with potential short-term rally to $110,000 before possible dip to $100,000.
Low volatility and tighter consolidation could act as a catalyst for significant upward movement, leading towards new all-time highs by the end of July.
Analyst optimistic about altcoin market as well, citing small influence of crypto in global liquidity and potential for major rallies.