Key Bitcoin Levels Coming Into This Week Before Possible Fed Rate Cuts
Here's a great screenshot of some key levels of Bitcoin and what it has to stay above in order to continue its bullish uptrend. The chart is several hours old but the levels remain true. As long as it stays above that $113K level that is a good indicator to remain more on the bullish side. But if it goes below that level we can expect a further correction and downward momentum short term. However if we break above the key $117K resistance level then we could see a bullish movement to the upside and possible ATH's. This would also be bullish for ETH as well as we could see a continued upward price trend for Ethereum. The consensus seems to be around the $5K mark for Ethereum that we could see the beginning of the true altcoin season bull run. Time to lock in!
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Key Bitcoin Levels Coming Into This Week Before Possible Fed Rate Cuts