Bitcoin And Ethereum New Price Predictions Are Here

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It’s been just revealed that there’s a famous analyst and trader who addressed potential price paths for Bitcoin and Ethereum in the near future.

As you know by now, there have been a lot of price corrections in the crypto market lately that had some investors freaking out.

But true crypto lovers knew that these were only great times to buy the dip, and they did not panic.

Bitcoin new price prediction

The pseudonymous trader Credible Crypto looks at the charts and offers people an updated price forecast for Bitcoin (BTC) and Ethereum (ETH).

Looking at Bitcoin, the analyst believes that BTC has survived the worst of the recent selloff and is likely to surpass $50,000 again soon.

“I don’t think we see new lows yet. Expecting relief to mid-50k’s soon. We have swept both our local lows and bids are being filled across major exchanges here in the 45-47k range.”

At the moment of writing this article, BTC is trading in the green, and the king coin is priced at $48k.

Ethereum price prediction for the near future

Credible Crypto also addressed Ethereum and says that the coin is stacking up against Bitcoin.

He said that a breakout above the 0.070 to 0.080 range in the ETH/BTC trading pair would bode well for altcoins.

At the moment of writing this article, ETH is trading in the green, and the coin is priced at $4,037.

Stay tuned for more crypto-related news, and also make sure to keep your eyes on the crypto market.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.