Bitcoin Price Eyes Upside Break, Why BTC Could Surge to $23K

    
  • Bitcoin remains well supported above the $20,000 and $20,500 levels.
  • The price is now above the $20,500 level and the 100 hourly simple moving average.
  • There was a break above a major bearish trend line with resistance near $20,450 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could gain bullish momentum if it clears the $21,250 and $21,650 resistance levels. 

  • More Details Watch Video.

 

Ethereum Key Indicators Suggest Strengthening Case For More Upsides

  • Ethereum is facing resistance near the $1,165 and $1,190 levels.
  • The price is now trading above $1,120 and the 100 hourly simple moving average.
  • There was a break above a major bearish trend line with resistance near $1,085 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could gain bullish momentum if there is a clear move above the $1,165 resistance.

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