Bitcoin & Ethereum Quick Price Analysis (03-04-2021)

Bitcoin & Ethereum Quick Price Analysis (03-04-2021)


 

BTC market


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Bitcoin is down 0,77% in the last 24 hours. The Bitcoin market maintained yesterday's high consolidation. Prices fluctuated in a range of more than 58,000-59,500 points. The trend did not break up as I expected. There is a possibility that Bitcoin can go down just a little (to around 56,000 level) then the market is expected to test further upwards, and the price may break the 60,000 level. The bearish scenario is that Bitcoin will go back down to around 51,000-53,000 level.

 

ETH market 


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Ethereum is up 5,48% in the last 24 hours. Ethereum price broke 2000 level and established new ATH around 2160$. Now I looking for the price to bounce back from the previous ATH (~2060$). If the price bounce from the previous ATH we should see a new ATH soon. The bearish scenario is that the price will go back down to around 1920 level and after that, we should be looking for a long entry in my opinion.

 

DISCLAIMER: I am not a financial advisor. All contents on this blog are solely my own personal views and for Cryptocurrency Trading education/entertainment purposes only. Cryptocurrency Trading is very risky. Losses can exceed deposits. Enter with discretion.


Fizz on my Jayce
Fizz on my Jayce

Trading Bitcoin & Altcoins. I show my opinions, trading tips and nothing is financial advice.

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