{"id":25970,"date":"2022-08-14T21:40:41","date_gmt":"2022-08-14T21:40:41","guid":{"rendered":"http:\/\/egrowonline.com\/?p=25970"},"modified":"2022-08-14T21:40:41","modified_gmt":"2022-08-14T21:40:41","slug":"will-bitcoin-and-ethereum-price-maintain-the-bullish-trend-in-coming-week-coinpedia-fintech-cryptocurreny-news-media","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=25970","title":{"rendered":"Will Bitcoin and Ethereum Price Maintain The Bullish Trend In Coming Week? – Coinpedia – Fintech & Cryptocurreny News Media"},"content":{"rendered":"


\n<\/p>\n

\n

The overall crypto market cap is now maintaining its range above $1 trillion, and the majority of the cryptocurrency assets seem to be thriving.\u00a0<\/p>\n

<\/div>\n

The Bitcoin price, which was earlier struggling around $23,000, has reclaimed the $24,000 level and might close the weekend on a bullish note.<\/p>\n

However, the latest analysis has a different prediction. As per reports, Bitcoin (BTC) could find its bottom around $20,000.<\/p>\n

Capo, a popular crypto analyst took to Twitter saying \u201cone last high to rekt early shorts.\u201d<\/em> Another trader named Jibon had a similar warning, as he advised his followers to wait and buy at a higher price (once the trend is confirmed) and to refrain from trading at the spot price.\u00a0<\/p>\n

\n
\n
\n

If you see my tweet and buy $BTC<\/a> at 18-19K, Then you are in 30% profit (without leverage).<\/p>\n

Honestly saying, Right now, I don’t feel Safe. I will buy higher. $BTC<\/a> $ETH<\/a> $SPX<\/a> $NASDAQ<\/a><\/p>\n

\u2014 Trader_J (@Trader_Jibon) August 12, 2022<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n

On the flip side, Credible Crypto has a bullish approach stating that the Bitcoin price remains bullish until and unless the price loses the $20,700 range.<\/p>\n

\n
\n
\n

Relief went a big higher than expected but looks like a liq grab of local highs and still think a move down to green before continuation to 28k+ makes most sense. Cleaned up the chart a bit to make things more clear. Invalidation at 20.7k until then bullish af on any dips. $BTC<\/a> https:\/\/t.co\/aBxtO4UsyJ<\/a> pic.twitter.com\/gFgHgYaYRf<\/a><\/p>\n

\u2014 CrediBULL Crypto (@CredibleCrypto) August 12, 2022<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n

Ethereum\u2019s Market Cap Surges By 20%<\/strong><\/h2>\n

Meanwhile, the lead altcoin, Ethereum, is leading the crypto market after the currency saw a splendid surge to reach levels near $2,000. At the time of reporting, Ethereum has slightly plunged and is trading at $1,974, with a surge of 5.11% over the last 24hrs.<\/p>\n

Since May 23, this is one of the best Ethereum price actions registered as the currency touched $2,020.<\/p>\n

An on-chain analyst, Material Scientist, noted that Ethereum\u2019s crypto market cap has surpassed 20% while Bitcoin\u2019s has plunged by 40%.<\/p>\n<\/div>\n

\n
\n

Was this writing helpful?<\/h4>\n<\/p>\n<\/div>\n<\/div>\n


\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The overall crypto market cap is now maintaining its range above $1 trillion, and the majority of the cryptocurrency assets seem to be thriving.\u00a0 The Bitcoin price, which was earlier struggling around $23,000, has reclaimed the $24,000 level and might close the weekend on a bullish note. However, the latest analysis has a different prediction. […]<\/p>\n","protected":false},"author":1,"featured_media":25971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[50,359,8574,135,8575,158,2025,4228,1267,111,195,654,339],"class_list":["post-25970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bitcoin","tag-bullish","tag-coinpedia","tag-coming","tag-cryptocurreny","tag-ethereum","tag-fintech","tag-maintain","tag-media","tag-news","tag-price","tag-trend","tag-week"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/08\/btceth_1200x628.webp.webp","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25970"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25970\/revisions"}],"predecessor-version":[{"id":25972,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/25970\/revisions\/25972"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/25971"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25970"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}