🚨 Bitcoin and Ethereum Predictions 🔥 | Are we going to witness a price explosion soon?
📈 Bitcoin (BTC)
The current price is moving in a sideways range between $64,000 and $62,500, with strong support at $60K.
If the 65K level is broken with a daily close, we might see an upward surge towards 70K and then 73K 🚀
But caution is required, breaking 60K could open the way to 57,000 - 55,000.
🎯 Technical Indicators:
RSI has started to bounce from 40, indicating incoming buying strength.
The 50-day moving average is acting as a nice dynamic support.
🧠 Tip: Keep an eye on the next Federal decision, as it could be a decisive factor in the market direction.
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📉 Ethereum (ETH)
Currently facing resistance at $3,500, and if it breaks this, we might see a quick rise to $3,800 and then $4,000.
The main support is at 3,150 – any break below it could drop the price to $2,900.
🔥 Reasons for optimism:
An increase in the number of wallets holding Ethereum for the long term.
The approval of a physical ETF for Ethereum is nearing.
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💡 Final Note:
Big opportunities come during times when the market is calm... Keep your eye on these levels, and think with your mind, not your emotions 👀📊
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