đą Hold or Buy? Crypto Expert Reveals Bitcoin & Ethereum Trading Strategiesđ€đ€
đ„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.
đ„Canfieldâs analysis and strategic plan offer valuable guidance for crypto investors. Before we explore the insights of the expert, letâs understand the current market scenario of Bitcoin and Ethereum.
đ„Market Overview: Bitcoin and Ethereum
As of now, Bitcoin is priced at $66,326. In mid-March 2024, Bitcoinâs 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%.
đ„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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