Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs

Bitcoin (BTC) and Ether (ETH) are due for a “huge” move, but short-term signals suggest a correction, an analyst warned on Friday.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Buy into resistance? “Not interested”

Data from Cointelegraph Markets Pro and TradingView showed both BTC/USD and ETH/USD acting near critical range resistance as the week drew to a close.

A late surge the day before punctuated an overall downtrend after swift upside throughout the previous week,…


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