- Bitcoin finally moves above $9700, bull-run ahead
- Bitcoin is steadily gaining traction, while Ethereum’s price recovery lags back a bit
- BTC saw support near $9395, while ETH saw support at $205
Crypto market is expected to take a surge as Bitcoin bulls are pushing its price up while uplifting altcoins too. Recently, BTC has struck a bullish price move and has traded above $9700. It appears that the bulls in the crypto market are eyeing $10k mark for Bitcoin.
The recent price rise in Bitcoin has caused Ethereum to take an upward price path as the major altcoin has traded above $210 after a couple of days.
Bitcoin’s yesterday morning price moves were bearish enough to take it as low as $9395.60 where it found a decent support price level. From here, the coin has gradually surged above $9741 with an increase of 3.69% from its support price. Bitcoin then corrected down near $9528.17 and then again surged above $9700 tracing a swing low.
At 07:23:29 UTC, BTC was trading at $9753.03 striking an increase of 2.42% over the last 24 hours.
ETH vs BTC Price Chart
On the other hand, Ethereum has rebounded from $205.29 and it steadily reached to $209.22. Here the coin has struck a sharp surge to 214.05 with an increase of 2.31%. Ethereum has also traced a low swing near $208.6 while correcting down. ETH is currently in a hassle to strike a full recovery.
Bitcoin may see further resistance at $9,846.59 and support level at $9,462.59. While Ethereum can face resistance at $213.8 and support level at $207.06.