Bitcoin Holds Strong Above $105,000‼️
Bitcoin Steady Ascent
Bitcoin continues to demonstrate resilience, trading above $105,000. This stability is attributed to increased institutional adoption and the growing popularity of Bitcoin exchange-traded funds (ETFs), which have seen assets rise significantly in recent months. Technical indicators suggest a bullish trend, with analysts monitoring key resistance levels around $112,000 and potential support near $100,000.
Ethereum Bullish Patterns
Ethereum is exhibiting a bullish “cup and handle” pattern, indicating potential gains if it breaks above the $2,750 mark. Such a breakout could target mid-term prices around $4,100. The resurgence of interest in Ethereum’s ecosystem and its Layer-2 solutions contributes to this optimistic outlook.
Altcoins and Emerging Opportunities
Cardano (ADA) is showing signs of a “continuation breakout,” with projections suggesting a rally towards the $1.50–$1.80 range.
Stay sharp and stay informed