Cryptocurrencies Price Prediction: Bitcoin, Ethereum & PancakeSwap — American Wrap 8 April

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Cryptocurrencies News

Technical Analysis

Bitcoin surged almost 5% on Monday and rose to the highest since March 14, after fresh bulls cleared psychological $70000 level and Fibo barrier at $70735 (76.4% retracement of $73839/$60688 correction).

Ethereum's price recovery looks imminent as ETF approval sees a glimmer hope Ethereum began showing signs of recovery on Monday, briefly trading at $3,460, after consolidating for the past week. This recovery may likely be due to recent whale activity surrounding the largestaltcoinand JP Morgan's positive outlook for an ETH ETF approval.

BTC/USD outlook: Bulls regain control and look for retest of new record high Bitcoinsurged almost 5% on Monday and rose to the highest since March 14, after fresh bulls cleared psychological $70000 level and Fibo barrier at $70735 . New record high came to focus again after Monday’s rally peaked at $72750, adding to growing signals of an end of corrective phase.

 

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