Some analysts are defiant in their belief that crypto can’t continue to go up while stocks are down. It would appear that Bitcoin, Ethereum, and Solana, have other ideas.
As wars rage, bond markets are teetering, banks are on the brink, and equities are falling, the crypto market is staging a recovery, and not any old dead cat bounce, but what might be turning into a full blown bull market.
Bitcoin ready to break bullish pennant
Bitcoin leads the way, as is its due. Up 112% for the year so far, the alpha cryptocurrency is not showing any signs of faltering. Currently inside of a bull pennant that has continued to lengthen, the bitcoin price looks ripe for a further explosion to the upside.
Source: Trading View
A measured move for the flag could take bitcoin to over $40,000, and with approval for the Spot Bitcoin ETF perhaps coming within days, and weeks at most, the future for bitcoin does look bright.
Ethereum waking up at last
Just like bitcoin, ethereum has had its obstacles to ov
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