Analysts believe that the dynamics of BTC and ETH prices last week may be an indicator that both crypto assets are ready to jump up.
Can Bitcoin and Ethereum move on
With the bullish sentiment that we currently have in the market, the PTS and ETN may be ready to start moving up. According to Konstantin Anisimov, Executive Director CEX.IO based on the price dynamics of these two cryptocurrencies last week, it is likely that they will continue to move up.
Anisimov believes that Bitcoin is capable of approaching $ 12,000 per coin, while Etehreum will aim to reach the $ 440 price level again. This will continue to happen as long as these two virtual currencies continue to trade above the lowest prices they have seen this week.
In an interview with UseTheBitcoin Anisimov stated:
Bitcoin could grow to $ 12,000, while Ether will probably aim for 440. Everything will depend on their ability to continue trading above the lowest prices for the week.
The whole market is definitely getting optimistic, and this is very positive for both Bitcoin and Ethereum.