Bitcoin And Ethereum Price Analysis Is Out

Bitcoin And Ethereum Price Analysis Is Out

It’s been just revealed that there are new predicitons about the price of BTC and ETH these days. Check out the latest reports here.

BTC and ETH price analysis is out

The crypto market looks great today, with most of the digital assets trading in the green. Check out the latest reports about the digital assets revealed by an important analyst.

The crypto trader and analyst warned that king crypto Bitcoin (BTC) is still at resistance despite gaining 9% over the last seven days.

Crypto analyst Michaël van de Poppe said not too long ago that BTC was rejected at the $20,800 price zone.

“Bitcoin still within resistance here, as it rejects around $20,800 and [low-time frame] also rejects at $20,750.”

He continued and said this:

“Not favoring day trading longs here, I’m technically searching for the scenario given in the chart, area around $19,900-$20,200.”

Van de Poppe made sure to explain the fact that he thinks BTC is in a good price range for long trades if the largest crypto by market cap can find support around $19,600-$19,900.

“Bitcoin miners are capitulating, as hash rates rally to [all-time highs]” He continued and said this:

“Meanwhile; from a technical standpoint, BTC looks to reach long territories here. Sweeping the low and should hold around $19,900. If that doesn’t grant support, then I’m looking at $19,600.”

Despite the massive market volatility, there are a lot of optimistic crypto predicitons out there. Just the other day, we addressed another one and revealed that the pseudonymous crypto trader known as Capo talks about the new plan for king crypto BTC.

“BTC plan”

The online publication the Daily Hodl notes that, going into deeper detail with the BTC plan chart, Capo predicts that the BTC will consolidate around $21,500.

Stay tuned for more news, and make sure to check out the crypto market as well.


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