Bears taking action… again!

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After a fairly green Thursday, in which Bitcoin rose from $ 32,500 to $ 35,600, Friday has started with quite important red candles.

BTC struggled against the $ 35,500 resistance and was unable to break through.

By the time of writing, the support of $ 33,600 is about to yield That could bring it to $ 31,500.

Meanwhile altcoins dance to the rhythm of the king, rising and falling as Bitcoin does.

Let's see what his behavior will be for this weekend, in my new analysis for Cryptocurrency.

Bitcoin

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Bitcoin price chart 06/25/2021 | TradingView

Bitcoin, on the 4H chart, shows a major decline from the $ 35,500 resistance.

The bulls desperately seek not to lose the support of $ 33,600 and, if they do, they will again look to exceed that $ 33,500, which could take them over $ 37,000.

Bears are trying to break 33,600 and bring BTC up to $ 31,700.

Ethereum

ANALYSIS ETHEREUM 25 06 2021 "width =" 1280 "height =" 612 "srcset =" https://criptomonedaseico.com/wp-content/uploads/2021/06/www.criptomonedaseico.com-analisis-ethereum-25-06 -2021.jpg 1280w, https://criptomonedaseico.com/wp-content/uploads/2021/06/www.criptomonedaseico.com-analisis-ethereum-25-06-2021-300x143.jpg 300w, https: // cryptocurrency .com / wp-content / uploads / 2021/06 / www.criptomonedaseico.com-analisis-ethereum-25-06-2021-1024x490.jpg 1024w, https://criptomonedaseico.com/wp-content/uploads/2021/ 06 / www.criptomonedaseico.com-analisis-ethereum-06-25-2021-768x367.jpg 768w "sizes =" (max-width: 1280px) 100vw, 1280px
Ethereum price chart 06/25/2021 | TradingView

Ethereum, on the 4H chart, shows a significant drop and is currently around the $ 1,880 support which, to break it, could bears take ETH up to $ 1,700.

The bulls were unable to break above $ 2,020 and have been weakened.


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Analysis by analyst César Quintero for Cryptocurrency


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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of Cryptocurrency, and should not be attributed to Cryptocurrency.


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