96
BTC: Bitcoin
So story is that bitcoin made new all time high in April 2021 at $64000+ and than gave near 53% correction in Q2/2021 and now it give jump of 64% from July bottom and trading near $47500. In July we mention these target many times.
Many Twitter influencer compare this situation from Dec 2017 to June 2018 where btc jump 60% of after big correction from $19500 and than price drop to $3300.
But We have different angle. We think BTC may run like Mid Of 2017, As mid of 2017 we saw 53% correction in btc in Q2 and now BTC ready for mega move towards 100k+
How to Plan Trade: $48k-50k is resistance for mega bull run and btc cross this zone and stay for few days than it will be bullish for 65k and 100k. Other wise we will saw a correction from here. $40k-42k is good pick for mid term or wait for cross 50k and than plan trade which give confidence for 65k and 100k.
Although we are bullish bt Just be careful at this resistance. Weekend look good for alts as btc trading 3 month high.
ETH: Ethereum
Eth Price run very well after London hardfork . Eth also test $3000 support multiple time in this week and running near $3300 . We expect that Eth will move along with btc in coming days. But in long term eth will be first choice of many intuitional investor.
$2900 work as support and $3600 is next resistance for eth.
