BTC and ETH Find Support

Written By Guest User
Bitcoin chart as of approximately 9:15am, 9/9/21.

Bitcoin chart as of approximately 9:15am, 9/9/21.

After BTC’s dip a couple of days earlier, the overall market is starting to recover, Bitcoin included. Right now it’s approaching a short-term line of resistance that was a former line of support around 47k. From here, if Bitcoin moves past this are here, we could see it continue its uptrend.

ETH chart as of approximately 9:45am, 9/9/21.

ETH chart as of approximately 9:45am, 9/9/21.

Ethereum continues its uptrend that it started around early August. Finding strong support below it, and going back above it after testing the support.

The overall uptrend for Ethereum and Bitcoin continues to be strong, so it wouldn’t be surprising if we continue to see market recovery and growth after settling in this support range.

Guest User
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