Trader Predicts 60% Upside for GMX Altcoin, Bitcoin Remains Above Key $61K Support

• Trader predicts breakout rally for decentralized exchange (DEX) altcoin GMX, sees 60% upside potential • Trader suggests Cardano (ADA) uptrend looks healthy due to rising network activity and investor interest
• Bitcoin (BTC) has support around $61,100; a break below could trigger a correction to $56,970 or $51,500 • Trader warns if Bitcoin drops below $61,000 key support level, it could fall to $51,500 • Bitcoin trading around $67,481, up over 7% in last 24 hours