Bitcoin Showing 'Obvious Strength Against Ethereum,' Trader Foresees 'Major Opportunity' Ahead Of $100K
Portfolio Pulse from Khyathi Dalal
Crypto trader CrediBULL Crypto predicts a potential downturn for Ethereum while Bitcoin shows strength. He suggests that Ethereum could see new local lows, while Bitcoin might dip into the $50,000-$53,000 range before a significant rise to over $100,000.
July 26, 2024 | 6:08 pm
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NEGATIVE IMPACT
Ethereum is showing weakness and could see new local lows, potentially dropping below $2,800.
CrediBULL Crypto's analysis indicates that Ethereum is currently weak and may experience further declines, potentially dropping below $2,800.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bitcoin is showing strength against Ethereum and might dip into the $50,000-$53,000 range before a significant rise to over $100,000.
CrediBULL Crypto's analysis suggests that Bitcoin is currently strong and may experience a short-term dip before a significant rise. This indicates a positive long-term outlook for BTC.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100