Bitcoin bulls are gaining momentum again as the price comes inches away from the all-time high. Ethereum bulls have pushed past this year’s high and have officially created a new all-time high.
After spending the last three weeks in consolidation, Bitcoin bulls are appearing eager to head higher. Price is currently attempting to break $66,400 which was the high created earlier in the month. If bulls can close bullish above this level, bulls could see the price go to $70,000.
Price action traders are up a considerable amount as Ethereum is up 3.00% for the day. The first target of $4,700 has been attained and the next target of $5,000 could be met within the next few days. Ethereum backed cryptos like Polygon could also see a rise as a result.
After a consolidated last few days for the Dollar, bears have decided to take control as they continue to print shooting stars on the higher timeframe. The next target for Dollar bears would be 93.800, which was the last significant low.
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