Weekly Analysis of $BTC & $ETH - GNCrypto Analytics

Last week, Bitcoin continued its bullish momentum, testing the $69,600 level before experiencing a minor correction. According to GNCrypto, the key resistance zone lies between $68,400 and $69,200. A breakthrough in this range could set the stage for a new all-time high (ATH), pushing Bitcoin beyond its previous peak. While a deep correction seems unlikely, a slight pullback could lead to some discomfort for altcoins. Bitcoin's current support zone is around $63,000–$64,300, where buyers are expected to step in. A more significant drop into the $60,000–$61,000 range could, however, signal a trend reversal.

Ethereum is facing resistance between $2715 and $2850. A breakout could propel it towards the $3000 mark, but it remains far from its ATH. If a correction occurs, Ethereum may drop to a buyer's zone around $2434, with stronger support in the $2150–$2320 range, where a potential rebound is anticipated.