📢 Hold or Buy? Crypto Expert Reveals Bitcoin & Ethereum Trading Strategies🤔🤔
🔥Bitcoin and Ethereum, the two biggest players in the crypto world, have been teasing new highs but remain stuck in a holding pattern. Is a breakout on the horizon, or are we due for a correction? Crypto expert Jacob Canfield shares his insights on what could be next for these digital giants, outlining two potential scenarios for Bitcoin and a strategic buying zone for Ethereum.
🔥Canfield’s analysis and strategic plan offer valuable guidance for crypto investors. Before we explore the insights of the expert, let’s understand the current market scenario of Bitcoin and Ethereum.
🔥Market Overview: Bitcoin and Ethereum
As of now, Bitcoin is priced at $66,326. In mid-March 2024, Bitcoin’s price was above $73,000. It has attempted to reach this peak several times in early April, late May, and early June. The 7-day change for Bitcoin stands at -4.5%, while the 30-day change is +0.6%.
🔥Ethereum is currently priced at $3,552. In mid-March 2024, its price was over $4,000. Similar to Bitcoin, Ethereum also attempted to touch its peak in late May and early June. The 7-day change of Ethereum is -4.2%, while the 30-day change is +17.2%.
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