Bitcoin & Ethereum Quick Price Analysis (17-04-2021)

Bitcoin & Ethereum Quick Price Analysis (17-04-2021)

By Fizz on my Jayce | My Price Analysis | 17 Apr 2021


BTC market


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Yesterday, We saw a strong callback. The price fell from $63600 and the downtrend went through a lot of support. The low point was around $60000. After that, the price bounced back to around $62500 and fell after that. The price is currently near the $60600 level. So for the last few weeks, the market is moving higher and continuing to fall. Fortunately, the 60000 figure has not been broken. In a bullish scenario, the price should go a little lower to around $59700-$60000 level and after that, we should see the price rebound initially to the $62300 level and then to the ATH. In a Bearish scenario, the downtrend will be continued and the price could even down to $56000 level.


ETH market


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Yesterday, Ethereum market set a new ATH and after that fell to $2300 level and bounced back almost to $2500 but then the price started to drop. The price is currently operating near $2400. In the bullish scenario, we should see a bounce back from $2350 where the price should aim for $2500. if we get there, there is a really good chance that the upward trend will continue. In a bearish scenario, the price will fall to $2300 and there is a possibility that the price will fall down even more to around $2120.

 


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.

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Fizz on my Jayce
Fizz on my Jayce

Crypto trader & Investor. I show my opinions, trading tips, and nothing is financial advice.

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