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Crypto Outlook: BTC and Ethereum rally once again
Since our last crypto report, Bitcoin appears to have rallied and is currently above the $70,000 key psychological figure, with the next target for the bulls now being the all-time high figure near the 73300 (R1) resistance level. Crypto bulls seem to have re-asserted themselves as the dominant party, with some cracks appearing from the bears who have ceded control over the coin’s direction. In this report, we aim to shed light on the possible factors aiding to the recent developments in combination with a technical analysis of Bitcoin. According to various sources, the approval for a spot ETH ETF could be as soon ... (full story)