BTC and ETH - Today's Analysis
Bitcoin and Ethereum analysis - 4 Feb 2023
BITCOIN AND ALTCOINS ANALYSIS
Well, Bitcoin is still in its upward channel. At the moment, the bottom of the channel has supported it. Now it seems that Bitcoin will go towards the previous ceiling in the area of $24,255.
After testing the 0% Fibonacci support area in the $1,625 price range, Ethereum is currently facing the 61.80% Fibonacci resistance level . Since it is still in an ascending channel , a break of the $1,714 resistance will see a move toward the $1,858 range.
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