An analyst closely followed is of the opinion that Bitcoin (BTC) remains in the bull area, despite widespread calls for market development.
Pseudonymous Analyst in -Mortal tells Are 231,200 followers on the social media platform X that Bitcoin tends to see a two -stage bullmarkt based on historical priority.
The trader shares a graph that suggests that the second phase of the Bitcoin Bull market would last until the end of the year.
“Bull Market – Stage two
BTC. ”
Zooming, the crypto strategist contour A potentially price path for Bitcoin, predictive that BTC will be stuck in a wide trading range for months before he ignited a huge upward burst on the way to new all time.
“Something like this.
BTC. ”
Based on the graph of the trader, he seems to suggest that BTC will trade between $ 90,000 and $ 76,000 until June before he takes off and rises to a new record height at around $ 140,000,
At the time of writing, Bitcoin acts for $ 83,994.
Turning to Ethereum, Onmortaal out That the native activum of the best Smart Contract Platform can generate after ETH’s Relative Strength Index (RSI) indicator declined to over -sold territory on the three -day graph.
The RSI is a momentum indicator with values above 70, which indicates Overbought conditions, while a lecture under 30 over -sold levels indicates.
“Probably nothing
Eth. “
Looking at the graph of the trader, he seems to suggest that ETH tends to cut a large bottom after the RSI approaches nearly 20 at the three -day period. Earlier this month, the three -day RSI fell from ETH to 25 when the price of Ethereum went to a low point of 2025 of $ 1,754.
At the time of writing, ETH acts for $ 1,987.
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Generated image: midjourney
