Bitcoin and Ethereum Analysis 5/04/2021: ETH is sheer madness!


Talking Crypto

During the day Monday, Ethereum continued with that spectacular and creepy pace until it reached $ 3,453. A real madness! Although at the end of the day it corrected 7% to momentarily settle at $ 3,185.

In the meantime, Bitcoin keeps leaving the scene for altcoins and stayed above $ 57,000 for much of the day, to reach $ 54,300 at night.

Let's see what will happen for the rest of the day, in my new analysis for Cryptocurrency.


BITCOIN ANALYSIS 04 05 2021 "width =" 1024 "height =" 473 "srcset =" -2021-1024x473.jpg 1024w, 300w, https: / / 768w, 2021/05 / 1280w "sizes =" (max-width: 1024px) 100vw, 1024px
Bitcoin price chart 05/04/2021 | TradingView

Bitcoin, on Monday, continued to give prominence to the other cryptocurrencies. While the bulls held $ 57,000 throughout the day, the bears attacked and drove BTC down just below the $ 55,000 support, said yesterday, to be planted at times at $ 54,296.

The bulls reacted and are fighting between $ 55,000 and $ 56,000.

This point is key for Bitcoin. Down, we could see $ 52,000 to $ 49,000 and upwards of $ 58,000 and $ 6,0000 look pretty doable.


ANALYSIS ETHEREUM 04 05 2021 "width =" 1024 "height =" 473 "srcset =" -2021-1024x473.jpg 1024w, 300w, https: / / 768w, 2021/05 / 1280w "sizes =" (max-width: 1024px) 100vw, 1024px
Ethereum price chart 05/04/2021 | TradingView

Ethereum continues to surprise and continues its overwhelming pace. Yesterday, after passing the $ 3,000 barrier followed up to $ 3,450 in a very easy and comfortable way.

It is also true that it fell to $ 3,185, but the bulls are still in control, and they want the $ 3,500 per ETH, as a minimum goal.

Today we could see the $ 3,700 above, but if the bears are able to react they will seek to bring down below $ 3,000.

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Analysis by analyst César Quintero for Cryptocurrency

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