bears taking control of BTC and ETH


Talking Crypto

After many hours and an astonishing calm, Bitcoin and the rest of the market started a bearish movement That has brought him close to losing $ 37,000.

With this, the rest of the altcoins are following this movement. However, it cannot be said that it is a dip, because in the descent there was a rapid recovery to 37,700.

Are the bears preparing a new onslaught? Let's find out in my new review for Cryptocurrency.


BITCOIN ANALYSIS 18 06 2021 "width =" 1280 "height =" 612 "srcset =" -18062021-los-beos-taking-control-del-btc-y-el-eth-analisis-bitcoin-18-06-2021.jpg 1280w, 2021/06 / 300x143.jpg 300w, -btc-y-el-eth-analisis-bitcoin-18-06-2021-1024x490.jpg 1024w, bitcoin-and-ethereum-18062021-the-bears-taking-control-of-the-btc-and-the-eth-analysis-bitcoin-06-18-2021-768x367.jpg 768w "sizes =" (max-width : 1280px) 100vw, 1280px
Bitcoin price chart 06/18/2021 | TradingView

Bitcoin, on the 4H chart, it was all Thursday between $ 37,500 and $ 38,150.

At the time of writing, there was a move to $ 37,100 that made a quick recovery.

The bears try to take control of the movement and the primary objective is break the $ 37,000 strong to go for the $ 35,000.

If the bulls are able to reverse this, a strong rally to $ 40,000 is possible.


ANALYSIS ETHEREUM 18 06 2021 "width =" 1280 "height =" 612 "srcset =" -18062021-the-bears-taking-control-of-btc-and-eth-analysis-ethereum-06-18-2021.jpg 1280w, 2021/06 / 300x143.jpg 300w, -btc-y-el-eth-analisis-ethereum-18-06-2021-1024x490.jpg 1024w, bitcoin-and-ethereum-18062021-the-bears-taking-control-of-the-btc-and-the-eth-analysis-ethereum-06-18-2021-768x367.jpg 768w "sizes =" (max-width : 1280px) 100vw, 1280px
Ethereum price chart 06/18/2021 | TradingView

Ethereum, on the 4H chart, and like almost all altcoins, is still in a bearish lateral movement.

This Friday morning it has briefly dropped below $ 2,300.

If there is a strong movement of the BTC to the downside, we could see ETH go as high as $ 2,100.

If the coin is able to withstand this, it could again target $ 2,500.

Make sure you don't miss any important news related to Cryptocurrencies! Follow our news feed the way you prefer; via Twitter, Facebook, Telegram, RSS, or email (scroll down to the bottom of this page to subscribe). Bitcoin never sleeps. Either U.S.

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.

Do you use Telegram? Join the best Telegram trading community to receive Exclusive Signals to Buy and Sell cryptocurrencies, access to our Free Courses, discussions and project analysis! //

Leave A Reply

Your email address will not be published.

eighteen − 12 =