Bitcoin has been lately consulted very much, which means we are having a correction.
Ethereum did break the downtrend and has a possible new high target around 5 000 $ . It is still very important that ethereum breaks the important key level otherwise the curtain situation is uncertain.
Six days before ethereum had a good climb. Bitcoin did break a similar flag in the (day) chart. Bitcoin has now a great new target of around 100 000 $.
Creed and fear index is at 56, which is neutral (12.6.2024) according to CoinMarketCap.com studies. That means there is plenty of room for the price to rise before people are greedy. Extreme creed leads to people overpaying and the market will probably make a correction.
(hope the charts are working, because I'm having a hard time while fighting them. Please correct me, if something is obviously wrong, I just wanna learn more.)
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