Bitcoin successfully broke through the previous consolidation zone, soaring past 71,000, indicating a clear upward trend. However, after such a significant rise, the market typically undergoes a correction phase, where the price pulls back to test the support levels.
Bitcoin around 72,000 looks at 69,000 Ethereum around 2,180 looks at 2,000
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2.8 Sunday Bitcoin and Ethereum Evening Analysis
Bitcoin successfully broke through the previous consolidation zone, soaring past 71,000, indicating a clear upward trend. However, after such a significant rise, the market typically undergoes a correction phase, where the price pulls back to test the support levels.
Bitcoin around 72,000 looks at 69,000
Ethereum around 2,180 looks at 2,000