Bitcoin Bounces Back, Ethereum Displays Potential for Major Surge

The crypto market’s price fluctuations continue, and Bitcoin is once again turning upward, potentially leaving the memory of May behind. Last month, BTC price volatility increased due to the narrow range, but this time the price headed in the wrong direction. Whether this increase will be permanent, we will experience and see in the next 48 hours. But what about the leader of altcoins? Ethereum (ETH) Commentary On June 14, the ETH price dropped below $1,700, indicating that the lack of a strong recovery may have intensified the bears’ sales. Bulls are trying to push the price back above $1,700 and have so far crossed this critical threshold. However, more is needed. If this region is lost again, it is likely that sales will continue down to $1,350 below $1,600. Alternatively, if the pair remains above $1,700, it reflects ongoing demand. The pair could then rise to the 20-day EMA […] The post Bitcoin Bounces Back, Ethereum Displays Potential for Major Surge appeared first on COINTURK NEWS.