Leader of the cryptocurrency Bitcoin (BTC) and leader altcoin Ethereum


Bitcoin made a strong jump from the support level at $90,000. This move indicates that investors have unloaded. The BTC/USDT parity has now reached the downtrend line. However, it seems that a big struggle will be needed to break through this level. If the price returns down from this resistance, bears may again target the $90,000 level. However, a breakthrough of the resistance line is expected to first raise the price to $102,724, and then to $108,353. Passing these levels could push Bitcoin to $126,706.
Ethereum, despite the fact that on January 13th the price dropped below the neckline of the 'head and shoulders' formation, it was still able to hold at this level. This indicates that the bears have lost control and the bulls have returned to the market. The ETH/USDT pair has now reached the 20-day exponential moving average ($3,374). If buyers are able to surpass this level, the price may rise to $3,566 and $3,745. However, the bears must regain control in order to push the price below the neckline of the formation. If this happens, the price may fall to $2,850.
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BTC2,33%
ETH4,41%
AIXBT7,53%
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