Bitcoin is gathering itself for the next leg higher, ethereum is on the move, and the altcoins are potentially coiling up for an explosion.
Bitcoin bull flag breakout
A feast of upward price action could be on the cards for holders and traders of cryptocurrencies. The Kingpin Bitcoin is nicely traversing inside its bull flag, and a breakout looks as though it can happen at any time. The target for this potential upside break looks to be in the region of $46,000.
Source: Trading View
Ethereum moving to centre stage
Ethereum is starting to nudge bitcoin aside in order to take centre stage. A more than 20% surge over the last week or so has really brought the number two ranking cryptocurrency back into the reckoning. The top of ethereum’s rising channel is now within reach.
Source: Trading View
Should $ETH keep rising through the top of what is normally a bearish chart pattern, the resulting break could be seen as extremely bullish. A measured move would take $ETH to around $3,400.
Ethe
We współpracy z: https://cryptodaily.co.uk/2023/12/crypto-on-the-verge-of-another-explosion
