Analyst: BTC Breaking Above $76,000 and ETH Breaking Above $2,400 May Signal a Trend Reversal
Visser stated, “If Bitcoin’s trading price breaks above $76,000 and Ethereum breaks above $2,400, I believe that would mark the beginning of a sustainable rally this year, as I don’t think we’ll enter a recession.” At press time, Bitcoin was trading at approximately $71,646—about a 6.1% increase away from $76,000—while Ethereum was trading at approximately $2,215—about an 8% increase away from $2,400.