Amid market volatility, Bitcoin and Ethereum are in the spotlight. Let's explore recent changes and upcoming predictions.
Current Bitcoin Situation
On March 6, Bitcoin was priced at $91,000, with much anticipation for the upcoming White House Summit. Investors are hopeful for the end of a prolonged downturn.
BTC Prospects
Analyst CryptoJelleNL expresses hope that the decline is over. At the time of writing, BTC was priced at $91,180. In the past 24 hours, BTC had fallen to $87,600, with a daily high of $92,810. New radical announcements about tariffs could result in significant movements in the market.
ETHBTC Predictions
For 131 days, ETH has been steadily losing value against BTC, with a 71% decline. This creates a challenging scenario, reaching a new low of 0.02380 BTC. If the support level of 0.02920 BTC is regained, a target of 0.04094 resistance could be considered. A recovery after such a prolonged negative performance is now essential.
The current state of the cryptocurrency market shows both opportunities and risks, requiring investor attention to upcoming events and forecasts.
