During the day Monday, Ethereum continued with that spectacular and creepy pace until it reached $ 3,453. A real madness! Although at the end of the day it corrected 7% to momentarily settle at $ 3,185.
In the meantime, Bitcoin keeps leaving the scene for altcoins and stayed above $ 57,000 for much of the day, to reach $ 54,300 at night.
Let's see what will happen for the rest of the day, in my new analysis for Cryptocurrency.
Bitcoin
Bitcoin, on Monday, continued to give prominence to the other cryptocurrencies. While the bulls held $ 57,000 throughout the day, the bears attacked and drove BTC down just below the $ 55,000 support, said yesterday, to be planted at times at $ 54,296.
The bulls reacted and are fighting between $ 55,000 and $ 56,000.
This point is key for Bitcoin. Down, we could see $ 52,000 to $ 49,000 and upwards of $ 58,000 and $ 6,0000 look pretty doable.
Ethereum
Ethereum continues to surprise and continues its overwhelming pace. Yesterday, after passing the $ 3,000 barrier followed up to $ 3,450 in a very easy and comfortable way.
It is also true that it fell to $ 3,185, but the bulls are still in control, and they want the $ 3,500 per ETH, as a minimum goal.
Today we could see the $ 3,700 above, but if the bears are able to react they will seek to bring down below $ 3,000.
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Analysis by analyst César Quintero for Cryptocurrency
