Bitcoin struck hard and returned to support at $ 52,000, after a very strange Sunday.
The king of cryptocurrencies had two forceful movements and went from losing almost 7% to his going strong above 9%, to reach $ 52,900. With this, the entire market had a great recovery.
In 4H temporality we observe how the price of BTC reached the EMA for 55 periods in a forceful way, after a previous candle that took it to $ 46,900.
Bitcoin bulls charged hard and will try to establish that support and then go for $ 53,000 and $ 55,000.
The BTC bears, meanwhile, could not hold and were beaten. They will try to tear down $ 52,000 and $ 50,000, to go for $ 48,000 and $ 44,000.
Ethereum, on the other hand, is running a very high range between $ 2,600 and $ 2,100, but with a lot of bullish force.
ETH bulls are still in full control of the situation and will keep pushing to keep hitting all-time highs.
Bears can do little. And it is that the attempts to lower the Ethereum of $ 2,100 obtained little fruit.
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Analysis by analyst César Quintero for Cryptocurrency