#Bitcoin Where will Bitcoin go? Analysts from Cryptology Key have voiced their forecasts for Bitcoin and Ethereum🤔

We have reached an absolute maximum, and there are only a few days left until the monthly candle closes. It is clear that, most likely, a correction will occur in the first half of June.

The weekly candle was extremely volatile, so it is likely that we will be in accumulation until the end of the month. As soon as this phase ends, we expect a sharp distribution and capture of the lower imbalance zones, where we will work with altcoins and focus on swing positions.

Possible scenarios - continuation of the trend to $120,000 if we can establish ourselves above the historical maximum and trade above that level, with a subsequent possible decline to $100,000.

For #Ethereum we have several options for the development of events:

The first - from current levels, we get an impulse to $3000, after which an aggressive correction occurs, which will form during the summer period. The alternative - we form a local removal of double tops and the beginning of a correction. Or conversely - already from current levels we move into a downtrend and do not see growth for altcoins until the end of summer.