Crypto Analyst Reveals Big Downside Target for Ethereum, Predicts Bitcoin Bottom Scenario
— 000 level, Bottom, Bottom .”, Buying, Pseudonymous crypto trader altcoin sherpa tells, Digital assets, Demand zone area, Cryptocurrencies, Bottoms usually take, Inboxfollow us — 1 min read
Bitcoin (BTC) and ETH (ETH) are at around $16,000 to $20,000 as a potential support zone. ETH is down more than 4% over the last 24 hours, trading for $1,148. Altcoin Sherpa is cautious about predicting a bear cycle bottom, noting two previous instances that were punctuated by dramatic volatility downward. Bitcoin is currently down by 2.6% on the day, changing hands for $20.297. ETH, which is down 4% on Thursday, is trading for around $975 to $1.425 at time of writing, ETH is trading at $1,.148 at the same time as Bitcoin (20,297) and BTC is down 2.5% on Friday. Source