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Ethereum Facing Resistance in the White Zone
The recent Bitcoin rally has helped Ethereum and Altcoins experience some upside. Ethereum is now trading within the white resistance zone between $2,683 and $2,863. However, ETH is struggling to make some progress here, and there seems to be sellers driving the price down. I would continue to monitor the white zone for a breakout […]Read More
Bitcoin Starting to Trend Down After Neutral Weekend Price Action
Bitcoin was neutral over the weekend, trading sideways around the $64,000 price level. Today BTC is starting to trend back down, forming a correction after last week’s bullish rally. I have $63k as a key level to monitor, BTC might flip $63k into a support level before trending up higher. The next key target is […]Read More
Bitcoin at Risk of Dropping Next Week
I’m seeing some red flags that Bitcoin is likely to trend down, and I think we can see some downside as early as next week. Bitcoin has failed to break above $63k, and is facing resistance around $61,350. The seasonality is neutral and slightly bearish over the next few weeks as well. I think BTC […]Read More