Bitcoin And ETH Chase New Highs While Altcoins Catch Up
Bulls take full force of the crypto market as ETH and BTC move closer to new all-time highs.
Bulls take full force of the crypto market as ETH and BTC move closer to new all-time highs.
Bitcoin and Ether look strong on the charts, indicating a positive sentiment.
Bitcoin remains bullish as long as it trades above the $112,000 to $110,530 support zone.
Bitcoin and Ether have not given up much ground, suggesting that the bulls are not rushing to the exit.
Buyers will have to maintain the price above $110,530 to prevent a deeper pullback.
Bitcoin bulls struggle to overcome $120,000, but a pending range break could send BTC and altcoins higher.
Bitcoin’s downside break takes a toll on most altcoins, while ETH price still aims for $4,000.
Bitcoin’s consolidation near the highs suggests the bulls are holding on to their positions in anticipation of a rally to new highs.
Bitcoin is in the midst of a new price trend, and while $150,000 is the target, a brief period of consolidation could occur first.
Bitcoin continues to find support at key moving averages, while altcoins set up for a move toward their range highs.
Crypto traders want new all-time highs, but charts suggest Bitcoin could test underlying support levels first.
Bitcoin appears to be gearing up for new price highs, while charts suggest that altcoins could struggle to follow.
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