Patterns: BTC/USD, ETH/USD

BTC/USD 4H chart: Hits all-time high

The Bitcoin cryptocurrency has surged by 15.89% against the US Dollar since April 8. The world's biggest cryptocurrency by market cap hit an all-time high at the $65000.00 mark on April 14.

As for the near future, the BTC/USD exchange rate could continue to edge higher. Buyers are likely to target the $7500.09 mark during the following trading sessions.

However, a resistance level at 64000.00 could provide resistance for the cryptocurrency exchange rate in the shorter term.

ETH/USD 4H chart: Reaches new high

The Ethereum cryptocurrency has surged by 27.69% against the US Dollar since April 8. The world's second-largest cryptocurrency by market cap reached a record level at 2550.0 on April 16.

Everything being equal, the ETH/USD exchange rate could continue to trend bullish during the following trading sessions. The potential target for bullish traders will be near the $3000 mark.

However, the cryptocurrency exchange rate could consolidate below the $2600 mark in the shorter term.

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.