How did Bitcoin and Ethereum start the week?

Bitcoin and Ethereum have started the new week with a possitive attitude. Here are all the details.

How did Bitcoin and Ethereum start the week?
Bitcoin and Ethereum weekly analysis

Bitcoin had broken the channel in which it was moving, with a pullback of around 5% on Friday. Bitcoin, which made minor corrections at the weekend, is priced at $ 23,370 in the morning today.

Bitcoin and Ethereum have been recovering

Bitcoin and Ethereum have been going well
Bitcoin analysis

For Bitcoin, which was rejected by testing the lower band of the channel in the morning, the $ 23,275 level appears as an important support level in the continuation of the downward movement. Breaking this level may bring a pullback to $22,.316 levels after the weekend at $22,720. In an upward movement, $23600 is the first important resistance level, and if this level is broken and persisted, $23950 can be tested, and then $24,420, the middle band of the channel.Although Ethereum wicked below an important support level over the weekend with the pullback in Bitcoin, it managed to hold on. It is priced at $1,635 in the morning today. On a downside move, the 50-day moving average of $1,615 and then the Fibonacci level of $1,595 can be expected to act as support. If it fails to hold on to these levels, it may bring a pullback to the $1,557 levels. In an upward movement, the $ 17.20 level, which has been tried and failed many times, is the critical resistance level behind the $ 1.660 level.

Bitcoin