Bitcoin, Ethereum May Recover With Strong Support

Key Takeaways

  • Bitcoin holds above a crucial support level that may allow it to rebound to new all-time highs.
  • Likewise, Ethereum sits on top of a massive demand barrier that may absorb any downward pressure. 
  • If investor demand continues to rise, BTC could aim for $63,000 and ETH could aim for $2,500. 

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Bitcoin and Ethereum began this week’s trading session on a negative note as each coin’s price dropped by more than 11%. Despite the losses incurred, the…


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