TA: Bitcoin Consolidates Gains, Why Dips Could Be Limited Below $50K

Bitcoin extended its recovery above $51,000 against the US Dollar. BTC must remain stable above $49,500 to continue higher in the near term. Bitcoin started a recovery wave above the $50,500 resistance zone. The price is now trading above $50,000 and the 100 hourly simple moving average. There was a break below a connecting bullish … Read moreTA: Bitcoin Consolidates Gains, Why Dips Could Be Limited Below $50K

Ethereum Lacks Momentum Above $4,200, But Dips Likely To Be Limited

Ethereum is facing resistance near the $4,250 zone against the US Dollar. ETH must stay above $4,000 to start a steady increase in the near term. Ethereum started a recovery wave after a major drop below $4,000. The price is now trading below $4,250 and the 100 hourly simple moving average. There is a key … Read moreEthereum Lacks Momentum Above $4,200, But Dips Likely To Be Limited