Bitcoin says on the threshold of the price discovery phase, he sees Ethereum attacking December
The analyst, who was carefully called Bitcoin, believes that the BTCOIN is about to ignite the gatherings on their way to the highest levels ever.
Rikt Capital Recount It is followed by 546,700 followers on the X social media platform that Bitcoin needs to obtain its last resistance area of about $ 105,000 to operate the outbreak of the discovery of prices.
“Can Bitcoin Weekly close the top of its recently reclaimed re -accumulation range to start the hacker?
Bitcoin on the core of the beginning of the price discovery Up -Trend Two. “
In encryption trading, the discovery of prices generally indicates the rise of assets to unknown lands and the ever new levels.
With Bitcoin, you are struggling to remove the resistance at the present time, Rekt He says BTC may need to be reviewed first at a major level less than $ 100,000 and flip it into support before King Crypto explodes.
This means that unless BTC is able to break a high resistance of 104,500 dollars, anything within this price range will be a fair game [this] week.
And if there is a need to obtain lower support (as in the afternoon; the blue circle), the decrease in $ 97,000 would satisfy this test. “
At the time of writing this report, Bitcoin is 102,473 dollars.
Looking at ETHEREUM, Rekt says ETH has risen in a new trading range after a 40 % eruption last week. According to traders, the doors are now open to ETH attacks The highest levels in 2024 are approximately $ 4000.
Ethereum [has printed a] A weekly closure in the macro group between $ 2200 to $ 3,900.
The weekly closure above $ 2,200 has been historically launched across the domain (blue circle).
Any decrease, if necessary at all, will strengthen $ 2200 as low -range support. “
At the time of writing this report, the ETH value is $ 2,469.
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