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Cryptocurrencies Price Prediction: Ethereum, Ethereum Classic & Bitcoin – American Wrap 23 September

Cryptocurrencies Price Prediction: Ethereum, Ethereum Classic & Bitcoin – American Wrap 23 September
FXStreet TeamFXStreet TeamFXStreet

Bitcoin bulls are going for the short squeeze and targeting $50,000 in the comeback

Bitcoin price (BTC) has had a tough couple of days as bulls could not keep price action above $50,000. With market sentiment now back in their corner, bulls are hitting the bears where it hurts and squeezing them out of their position. This way, the path is being cleared to regain $50,000. 

Ethereum Price Prediction: ETH bulls are back in the game

Ethereum (ETH) was in a correction phase at the beginning of the week. As the dust settles on a few global issues though, favorable tailwinds are emerging and helping bulls make a full recovery of the past two weeks of losses. ETH could, in this case, head back to $4,000.

Ethereum Classic could get rejected by key resistance and plummet to $35

Ethereum Classic price experienced an impressive 12% gain on Wednesday, with the close equalling the daily high. However, despite the impressive rally, bulls failed to crack above any resistance levels that would yield clear guidance that a resumption of higher prices would continue. 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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