Briefly, BTC and ETH price predictions, with a chart at the end of the article 👇👇👇

By 2030, Bitcoin could soar to at least $1 million, or even beyond that. Can buying continue to defend the support levels of Bitcoin and altcoins, or will bears prevail?

Bitcoin Price Analysis

Bitcoin bulls are trying to keep prices above the psychological support of $60,000 but are facing a sell-off at the 20-day exponential moving average ($62,959).

The downward sloping moving averages and the relative strength index (RSI) in the negative zone suggest that bears have the upper hand. If the $59,650 support breaks, the Bitcoin USDT pair could plummet to the 61.8% Fibonacci retracement level of $54,298.

This negative view will be invalidated in the short term if prices rise and break above the 50-day simple moving average ($65,620). The pair is then likely to accelerate towards the critical overhead resistance of $73,777.

Ethereum Price Analysis

Ethereum (ETH) has been trading between the 20-day EMA ($3,087) and the horizontal support of $2,850 for a few days.

The downsloping moving averages and the RSI in the negative zone suggest that sellers have the upper hand. A breakout and close below $2,850 will signal a resumption of the downtrend. The pair is likely to drop to the support line of the channel.

The area between the 20-day EMA and the resistance line is likely to act as a critical resistance. Buyers must push the price above this area to indicate a potential trend change. The pair is likely to climb to $3,350.

If you are not sure during the retracement period, you can not operate. Protect your position to bet on the rebound. Follow me and continue to share strategies with you. Go to 🚗\/👇👇👇

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