Bitcoin and Ethereum Technical Analysis: BTC Remains Near $23,000 to Start the Week
We don’t know if this one’s becoming a broken record, but Bitcoin and Ethereum are once again neck-and-neck as we start this week – Bitcoin at $23,000 and Ethereum at $640!
BTC Remains Steady
The good news is Bitcoin has held steady this week, with the number one cryptocurrency not showing much change despite the ongoing bull-run. And while no one has a crystal ball, industry experts are echoing the same sentiments they have said all year: keep your eyes peeled, because something big could happen at any moment.
Ethereum Making Moves
But Ethereum is becoming an increasingly attractive option as well, with the second-largest cryptocurrency seeing some notable gains over the past few days. ETH is up nearly 4% in the past week, and it’s currently trading at its highest point since 2018.
What Does This Mean for You?
It’s hard to predict exactly what the week has in store for Bitcoin and Ethereum, but here’s what we do know:
- Both coins have plenty of upside potential – especially over the long-term, as more and more people jump on the bandwagon.
- Volatility is par for the course – so don’t be surprised if BTC or ETH suddenly make a sudden move in either direction.
- It’s an exciting time to be an investor – and with the right strategy and a bit of luck, this could be the start of something great!
And lastly, make sure to have fun! After all, investing in cryptocurrency is all about taking risks and making the most out of what the market gives you. So don’t be afraid to speculate, but also be sure to do your research and use caution.
Good luck, and have a great week!
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