๐จ ๐๐ฉ๐๐ซ/๐๐ง๐ ๐๐ต๐ฎ๐ฟ๐ ๐๐ป๐ฎ๐น๐๐๐ถ๐ โ ๐ฃ๐ผ๐๐ฒ๐ป๐๐ถ๐ฎ๐น ๐๐ฟ๐ฒ๐ฎ๐ธ๐ผ๐๐ ๐๐บ๐บ๐ถ๐ป๐ฒ๐ป๐ ๐
The AVAX/BTC chart is currently showing signs of breaking out of a falling wedge patternโa classic bullish reversal setup. After a prolonged downtrend, price action is now testing the upper resistance of the wedge, signaling a high probability of a breakout and potential upside momentum in the near term
Why I'm Bullish on AVAX ?
โ ๏ธ Large-Cap Advantage
AVAX is a large-cap Layer 1 coin. Historically, when market money rotation begins, large caps often lead the rally. This gives AVAX a strong likelihood of being among the first movers
โ ๏ธ Dual Narrative Catalyst
AVAX is well-positioned to benefit from both the upcoming Layer 1 narrative and the anticipated gaming sector rally. Its infrastructure and ecosystem make it a strong candidate for capital inflow during both themes
