Total Quality
Score
3549.83
1588.0000000000
3960
ETHUSDT
1H
The analysis begins with Bitcoin, suggesting the current upward trend is not over and predicting further continuation higher. Bitcoin is coiling up in a symmetrical triangle on the daily timeframe and the analysis expects a breakout next week. Longer-term analysis, following the global liquidity, shows a big move higher. Ethereum is highlighted as having institutional inflows, the analysis indicating 400 million dollars. The analysis foresees a golden cross occurring in the ETH/BTC chart possibly next week, historically leading to major upward movement. A conservative target of 3960 dollars for Ethereum is mentioned, with a bull case going up to $6332.34. The altcoin market cap is forming a breakout after consolidation which should lead to a 70% rally. The altcoin season index is shown as moving higher.
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