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Bitcoin technical analysis

Bitcoin is in a clear bullish path and soon will challenge the all time high area at 4921. It looks like the Catalonian leader speech add more confidence to the buyers, and sent the cryptocurrency to new daily highs. Bitcoin is trading above the 50 day moving average and after today’s run gives a clear signal that is ready to break the all time high.

 

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Ethereum (ETH) Fights to Regain Positive Momentum

Ethereum fights to regain the positive momentum that was lost during the flash crash the previous week. The two-day rebound halted today despite a positive start on Tuesday. As of writing ethereum trades 1.85% lower at 4276 having hit earlier the daily high at $4431.