Bitcoin Could March Towards $25K And Ethereum May Reach 'God Candle' After Breaking These Resistance Levels, Says Crypto Analyst
A pseudonymous crypto analyst gave an outlook for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the event they break their respective resistance levels.
What Happened: Pentoshi told his 674,100 followers on Twitter: If BTC flips $23,300 and ETH flips $1,680, the apex crypto could surge as high as $25,000 and ETH could reach a ‘god candle’ towards the $1,900 mark, before a major pullback.
The way I see things right now
*IF* $BTC flips 23.3k and $ETH flips 1680 *THEN* we see BTC to 25k and Eth with a god candle towards 19xx before a major retracementIF = THEN pic.twitter.com/SN9VvTc1SQ
— Pentoshi 🐧 (@Pentosh1) February 7, 2023
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The analyst said that Ethereum is on its way to testing $1,680 on the Bitcoin (BTC) pair and is now breaking out of its previous resistance. “Should lead this next leg up,” the analyst tweeted.
$ETH now testing 1680 and breaking out on $BTC pair
Should lead this next leg up https://t.co/Wv36C3SPwa pic.twitter.com/Q0ZeitmCLU
— Pentoshi 🐧 (@Pentosh1) February 8, 2023
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Posted-In: Bitcoin Ethereum PentoshiCryptocurrency News Markets
