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Bitcoin and Ethereum: A hopeful forecast?
This morning, the price of bitcoin managed to rise above $22,000 again after about 20 days. We did not stay above for long because a pullback to $21300 followed, where we find today’s new support. The price of Bitcoin could further pull back to $21000. If fear reappears among traders, the price could fall to the psychological level of $20,000. For a bullish option, we need a positive consolidation and a return to $22000. A price break above would reinforce bullish optimism in a potential recovery. The following targets are $22500 and $23000 levels. The price of Ethereum managed to climb up to the $1275 level this ... (full story)