đ”đ”Trading Guide You might wanna check!!đ€đ€
Based on the current market analysis, here is a trading guide for two major coins, Bitcoin (BTC) and Ethereum (ETH), as well as a new coin, 99Bitcoins (99BTC):
1. Bitcoin ( $BTC )
Current Market Analysis:
Bitcoin is currently trading around $64,500, showing signs of a potential deeper correction to $60,000. Analysts predict that if BTC can break through and sustain above the $68,000 resistance level, it might push towards $74,400â (Cointelegraph)ââ
Trading Strategy:
Short-term: Monitor for a potential dip to $60,000 as a buying opportunity if you believe in a rebound.
Long-term: Consider buying if Bitcoin breaks and holds above $68,000, indicating a possible rally towards $74,400.
2. Ethereum ( $ETH )
Current Market Analysis:
Ethereum is poised for significant movement, especially with the potential approval of an Ethereum ETF, which has not yet been fully priced into the market. If Bitcoin breaks higher, Ethereum could see substantial gains due to its strong correlation
Trading Strategy:
Short-term: Look for buying opportunities if ETH starts gaining momentum alongside Bitcoinâs movements.
Long-term: Invest in ETH with the anticipation of the ETF approval, which could drive prices higher in the coming months.
