BTC Analysis and Prediction.
BTC should be coming back down to the 38-40k region now before any more upside movement.
ETH is also following BTC and rejected the 1900$ region, aligning with the BTC analysis ETH will also come down to 1350$ before any upside movement.
ETH is also following BTC and approaching its target which is located at around 1800$, if that region holds a drop towards the 1000-1200$ will be expected as aligning with the BTC analysis.
BTC still holding the 50k region and approaching the targets which are located at around 52k region, fish up to 54k is still very possible, from there we can expect a drop towards the 37-40k region as shown in the chart.ETH is also following BTC and approaching its target which is located at around 1600$, if that region holds a drop towards the 1000-1200$ will be expected as aligning with the BTC analysis.
BTC as covered in the last post managed to hold the region and started its downside movement. The bias still remains the same and BTC will going to see the 30,000$ region soon.ETH is showing weakness as expected and slowing coming down to our targets which are located at around 1000$, once these levels hit we can recalculate the next movement where ETH is heading next.
Bitcoin did move a little higher from our expected peak zone which is located at around 54k and breached towards the 58k region, but the overall downside regions still remain the same, we expect the push down towards the 30,000$ is overdue to be retested.
ETH just retested the upper zone which is located at around 2000$, aligning with the BTC analysis we are also expecting ETH to start dropping towards the 1000$ region soon.