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BTC/USD, ETH/USD outlook: Bearish momentum meets reversal signals
There’s been a lot of negativity in the crypto space recently, both in price action and headlines. ‘Uptober’, as it’s become known, didn’t go to script this time, with Bitcoin and Ethereum plunging during a period in which they’ve historically outperformed. November hasn’t been kind to bulls either, with fresh lows seen for both. However, while it needs to be treated with caution given it may be a bull trap, recent signals suggest we may have seen a near-term low in BTC/USD and ETH/USD, pointing to a possible extension of the countertrend reversal currently underway. While BTC/USD has seen some ugly ... (full story)
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