The present day, both Bitcoin and Ethereum are struggling to recover the levels reached before the weekend, when due to a problem with several mining hashes, the entire market fell 30%. What became a movement very similar to that of March 2020.
Let's see what is expected for today, in my new analysis for Cryptocurrency.
Today Bitcoin woke up above the $ 57,000 support. Point that the bulls must maintain and continue charging to seek the 58,500 and 60,000 dollars, which were the strongest support before the abrupt fall.
The bears are already exhausted and they were quite benefited by what happened and brought the BTC up to $ 50,000. Which suggests that another downturn is not expected at the moment.
Today, Ethereum woke up above $ 2,250, after it reached the $ 1,990 level on Saturday, assuming that $ 2,150 is a fairly strong support.
Today the ETH bulls will continue on their way and will seek to return to the $ 2,500 level and continue to break all-time highs.
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Analysis by analyst César Quintero for Cryptocurrency