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VIKAS JANGRA
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📉 Bloomberg's Mike McGlone predicts a -60% crash for Bitcoin! 🤯 Unfavorable liquidity conditions and rising global interest rates could shake the crypto market. Stay informed and cautious! 💰 #Bitcoin #Cryptocurrency #MarketPrediction #BTC

📉 Bloomberg's Mike McGlone predicts a -60% crash for Bitcoin! 🤯 Unfavorable liquidity conditions and rising global interest rates could shake the crypto market. Stay informed and cautious! 💰 #Bitcoin #Cryptocurrency #MarketPrediction #BTC

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Ethereum Price Reclaims $3K But Can ETH Continue Higher❓🥶 Ethereum price dived over 10% before the bulls appeared near $2,550. ETH is back above $3,000 and now faces many hurdles near $3,200. Ethereum is attempting a recovery wave from the $2,550 support zone. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There is a rising channel forming with resistance at $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it stays above the $3,000 support zone. Ethereum Price Eyes Recovery Wave Ethereum price started a major decline from the $3,550 resistance. ETH declined over 10% and traded below the $3,000 support. It even spiked below $2,750 and tested $2,550. A low was formed near $2,537 and the price is now attempting a recovery wave, like Bitcoin. The price climbed above the $2,800 and $3,000 resistance levels. It even surpassed the 50% Fib retracement level of the downward move from the $3,615 swing high to the $2,537 low. Ethereum is now trading below $3,250 and the 100-hourly Simple Moving Average. Immediate resistance is near the $3,200 level or the 61.8% Fib retracement level of the downward move from the $3,615 swing high to the $2,537 low. There is also a rising channel forming with resistance at $3,200 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com The first major resistance is near the $3,250 level. The next key resistance sits at $3,300, above which the price might test the $3,360 level. The key hurdle could be $3,500, above which Ether could gain bullish momentum. In the stated case, the price could rise toward the $3,620 zone. If there is a move above the $3,620 resistance, Ethereum could even rise toward the $3,750 resistance. Another Decline In ETH? If Ethereum fails to clear the $3,250 resistance, it could start another decline. Initial support on the downside is near the $3,080 level. #ETH #Ethereum✅
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