Bitcoin is to make X2 soon after this happens

Bitcoin and Ethereum have seen some hard times but now things are getting slowly better.

Bitcoin is to make X2 soon after this happens
Bitcoin is going up everyday

Bitcoin experienced a sharp pullback during the night and saw the levels of $ 21,970. Bitcoin, which was priced at $ 22,370 in the morning and broke two important support levels, seems to have broken the lower band of the ascending channel, where it has been active for a long time.

Bitcoin and Ethereum are going up slowly

bitcoin and ethereum
Bitcoin and Ethereum going up slowly

Although it has wicked below the important support level of $22,315, it is positive for now that it shows activity above this level in the morning. However, if it cannot hold this level during the day, $21.970 can be tested again, and then $21.538 levels.

In the positive scenario, pricing above the lower band of the $22,500 channel will be positive. If it clings to this level and stays above it, it can be expected to work at $23.170 as the next resistance level.

Ethereum, along with the pullback in the leading cryptocurrency, experienced a pullback of around 5% overnight with the same move. While it is priced at $1,560 in the morning hours, it is priced below the critical falling major trend.

If it persists below the critical level of $1,576 for Ethereum, the first support level of $ 1,544 can be expected to work on a downside move. If it fails to hold this level, a pullback to $1505 and then $1,460 can be seen.

In the positive scenario, it will be very important to break the $1,576 level in an upward move and maintain its permanence above it. Then, $1,600 and $1,719 levels can be expected to act as resistance.