Bitcoin Breakout! Ethereum Breaking 200 Week SMA???

Bitcoin Breakout! Ethereum Breaking 200 Week SMA???

Yesterday’s Bitcoin close sets us up for a target of $40k and you all know what will happen at $40k… Yeah the target from there is $50k. We are looking at a 35% increase from current prices. Ethereum is ready to blow! The biggest line for ETH is the 200 week sma and we are trading at it. We should explode above that within the next 24 hours. If Ethereum launches against BTC, Bitcoin dominance will drop. If BTC dom drops we should see an increase in other alts as macro traders will go long on the overall altcoin market. Micro caps are taking a break, but I fully expect them to heat back up with the current climate. We are definitely seeing an altcoin season even with BTC jumping. This is where trading gets fun. Best of luck to you all :)

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