Summary:
The analyst predicts that Bitcoin is on the verge of starting rallies towards new all-time highs, but it needs to break the resistance at $105,000. Ethereum has entered a new trading range and may target $4,000.
Bitcoin on the Verge of Igniting Rallies Towards New All-Time Highs
The analyst who accurately predicted Bitcoin’s pre-halving correction last year believes that BTC is close to triggering a breakout into price discovery. Bitcoin needs to surpass the resistance at around $105,000 to start the breakout process for a Price Discovery Uptrend.
Ethereum Surges into New Trading Range
Ethereum has surged into a new trading range after a 40% eruption last week. The analyst suggests that ETH may now target its 2024 highs near $4,000, with $2,200 acting as Range Low support.
At the time of writing, Bitcoin is valued at $102,473, while Ethereum is priced at $2,469.
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