Популярдуу аналитиктер Christmas үчүн Bitcoin жана Ethereum баасын алдын ала

Bitcoin (BTC) and Ethereum (ETH) prices continue to move sideways as traders remain uncertain whether the crypto market has bottomed out. Analysts believe the crypto market had already bottomed amid the FTX Fiasco.

жатканда Bitcoin price remains under pressure due to miners capitulation risks, Ethereum shows better signs rally to $1,350 and possibly to $1,550.

Will Bitcoin and Ethereum Prices Break Resistance Levels?

Bitcoin and Ethereum hit a high of $17,378 and $1,302, respectively after U.S. Federal Reserve Chair Jerome Powell announced a slowdown in rate hikes from December. However, bearish divergence formation on Bitcoin and Ethereum caused slight retracements in BTC and ETH prices.

According to Spent Output Profit Ratio (SOPR) on-chain data, short-term participants continued to sell in losses with SOPR of less than 1. Therefore, the lack of positive sentiments makes $ 18ka күчтүү каршылык деңгээл. The miner capitulation risk remains the primary factor to drive the prices downwards.

Bitcoin (BTC) баасын болжолдоо
Bitcoin (BTC) Price Prediction. Source: Michael van de Poppe

Moreover, crypto analyst Michael van de Poppe predicted that Bitcoin price can continue to rally toward $18.3k after a retest of the $16.6k support level. He also pointed out that Bitcoin price has reached the мурунку аюу базарлардын түбү where the price historically started to rise.

Ethereum (ETH) баасы аракети
Ethereum (ETH) Price Action. Source: Michael van de Poppe

Michael van de Poppe earlier predicted that the Ethereum price is already showing strength as it flipped from the $1,150 level. He still remains optimistic that a break-out above $1,225 opens a run towards $1,350 and possibly $1,550.

“Wolf of Wall Street” Jordan Belfort recommends staying away from the crypto market. However, he only sees Bitcoin and Ethereum as possible investment options, representing a small part of the portfolio. He believes traders should wait until the FTX contagion subdues due to uncertainty in the crypto market.

BTC and ETH Price Awaits a Massive Rally

Bitcoin is currently trading near $17,000, slowly moving towards $18K. The BTC price soared over 4% in the last 7 days. The 24-hour low and high are $16,922 and $17,109, respectively.

Ethereum price is also trading in consolidation, with the current price holding above $1,250. In the last 24 hours, the ETH price hasn’t shown much price movement. Similar to Bitcoin, Ethereum also soared over 4% in a week.

Ошондой эле окуу: Will Bullish Recovery Continue For Market Leaders?

Вариндер - техникалык жазуучу жана редактор, технология энтузиаст жана аналитикалык ойчул. Disruptive Technologies менен суктанган ал блокчейн, криптовалюталар, жасалма интеллект жана нерселердин интернети тууралуу билими менен бөлүштү. Ал бир топ убакыт бою блокчейн жана криптовалюта индустриясы менен байланышта болгон жана учурда крипто индустриясындагы бардык акыркы жаңыртууларды жана өнүгүүлөрдү камтыйт.

Сунушталган мазмун автордун жеке пикирин камтышы мүмкүн жана базар шартына ылайык. Криптовалютага инвестиция салуудан мурун, базарыңызды изилдеңиз. Сиздин жеке материалдык чыгымыңыз үчүн автор же басылма эч кандай жоопкерчилик тартпайт.

Source: https://coingape.com/popular-analysts-predict-bitcoin-and-ethereum-prices-for-christmas/