BITCOIN, Ethereum’s Technical Analysis – A Fun Review

We all know that cryptocurrencies have been on the rise in recent months and it looks as if the trend will continue heading into 2021. Bitcoin and Ethereum are arguably two of the most popular digital assets, and this weekend saw a major rally in their prices. Let’s take a look at the technical analysis of Bitcoin and Ethereum and see what the rally may have in store for us!

Bitcoin

Bitcoin (BTC) has seen a significant surge this past weekend, with its price rising to around $24,000 at one point. This is an impressive feat, given that it was around the $20,000 mark just a few days ago. Technical indicators suggest that the current rally is likely to continue into 2021 and that Bitcoin could even reach a new all-time high.

Ethereum

Moving on to Ethereum (ETH), the cryptocurrency is currently trading at around $610 and has seen an impressive rally this weekend. Technical analysis suggests that the current trend is likely to continue and that it could reach a new all-time high in 2021.

Summary

Overall, it looks as if the current rally in cryptocurrencies isn’t ending anytime soon. Bitcoin and Ethereum are both poised to reach new highs in 2021, with Bitcoin potentially even reaching $30,000 by the New Year. It’s all exciting stuff, so make sure to stay tuned for more updates on cryptocurrencies!

So, in conclusion:

  • bitcoin is on the rise and it appears that it will continue to climb during 2021

  • Ethereum is also on an upward trajectory and could reach a new all-time high by the end of the year

It’s definitely an exciting time for those of us following the cryptocurrency markets, so make sure to stay on top of the latest news and developments! Who knows, you could be the one to make a killing this December. But one thing is for sure: investing in cryptocurrencies is no laughing matter and it pays to do your research before diving in!