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Bitcoin (BTC) and Ethereum (ETH) Price Predictions: Where Will They Stand in the Next 24 Hours?
Bitcoin(BTC)
Bitcoin’s price has shown extraordinary strength in recent days, easily breaking above the critical barrier level of $42,000. Despite previous attempts, the asset stayed much below these levels. However, despite the price range being far above $45,000, there are no significant indications that the price will continue to rise.
The Bitcoin price is now hanging around the critical zone of $46,109 to $41,201. These are the current levels of strong resistance and support to test. If the price breaks through the resistance levels, levels around $50,000 may be on the horizon. Otherwise, if the selling volume continues to build, the asset may finally fall sharply below $41,000. And at this point, recovering the asset may be incredibly difficult and time-consuming.
Ethereum(ETH)
On the other hand, regardless of the present market trend, the Ethereum price is on pace. The ETH price had no likely risen slightly in the previous several days as a result of the BTC price gain, but it continued to take careful measures to avoid a massive drop. Currently, the asset is on a substantial rally and has not succumbed to any bearish.