CryptoMichNL Observes Market Bounce and Sets Bitcoin and ETH/BTC Targets
8/5/2024 1:45:00 PM
According to CryptoMichNL, the U.S. stock markets opened with a quick bounce, which was mirrored by a short bounce in Bitcoin. However, he notes that the movement in Bitcoin was not particularly significant. CryptoMichNL is looking for Bitcoin to rise above $53,000 and for the ETH/BTC trading pair to exceed 0.046 BTC, considering these levels as positive indicators. (Source)
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