TechFlow news, on July 16, James Wynn tweeted, "I believe we have already seen Bitcoin's short-term peak in July as expected, potentially reaching around $145,000 by the end of the month. This will likely be followed by a sharp correction down to $110,000. Over the next one to two months, we will see a strong altcoin bull market, which is when people really start FOMOing.
Bitcoin's dominance has lasted too long; altcoins are gradually rising. By the fourth quarter, when the Federal Reserve begins cutting rates, Bitcoin will enter a new uptrend, possibly climbing between $160,000 and $240,000."
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