{"id":595419,"date":"2023-01-07T20:10:00","date_gmt":"2023-01-08T02:10:00","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/01\/07\/whats-next-for-bitcoin-btc-ethereum-eth-prices-in-the-coming-week\/"},"modified":"2023-01-07T20:10:00","modified_gmt":"2023-01-08T02:10:00","slug":"whats-next-for-bitcoin-btc-ethereum-eth-prices-in-the-coming-week","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/01\/07\/whats-next-for-bitcoin-btc-ethereum-eth-prices-in-the-coming-week\/","title":{"rendered":"What\u2019s Next For Bitcoin (BTC) & Ethereum (ETH) Prices in the Coming Week?"},"content":{"rendered":"
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\"bitcoin<\/figure>\n<\/div>\n
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Bitcoin Price <\/strong><\/h2>\n

Bitcoin price has been tirelessly working to surge beyond $17,000, which has become a new point of control in recent times. After being stagnant for nearly a month, the volatility has marked its bottom and pushed the long-term holders into a deep loss<\/a> while short-term holders extract small profits. However, in the upcoming week, Bitcoins\u2019s efforts may be materialized as it may record the 2023 highs above $17,000 between $17,120 and $17,215.<\/p>\n

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The BTC price in the short-term is trading within an ascending triangle, largely considered bullish. The price has been constantly testing the immediate resistance close to $17,000 multiple times and facing constant rejections. However, with a single acute bullish push, the price is expected to break above the resistance. However, as the trade is yet to reach the apex, a pullback within the same triangle could be imminent.\u00a0<\/p>\n

Therefore, the Bitcoin price this week may continue to hover below the crucial resistance at $17,000 and if the bulls get exhausted, an interim pullback below $16,500 is quite possible without extreme bearish pressure.\u00a0<\/p>\n

Ethereum Price <\/strong><\/h2>\n

The Ethereum price, on the other hand, is displaying huge strength compared to Bitcoin and possibly may rise to its desired target at $1300. The ETH price is soaring significantly high with frequent pullbacks which are reducing the possibilities of extreme bearish action. Moreover, the bullish volume also has accumulated to a large extent that may keep up the upswing throughout the weekend.<\/p>\n

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The ETH price is rising, forming constant bullish flags since the beginning of 2023. Therefore the current pullback may drag the price a little lower which may trigger a notable upswing in the next few hours. With a notable upswing, the Ethereum price may eventually rise back to $1300 anytime in the coming week.\u00a0<\/p>\n<\/div>\n

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Qadir AK<\/a><\/h3>\n

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\n Qadir AK<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin Price Bitcoin price has been tirelessly working to surge beyond $17,000, which has become a new point of control in recent times. After being stagnant for nearly a month, the volatility has marked its bottom and pushed the long-term holders into a deep loss while short-term holders extract small profits. However, in the upcoming […]<\/p>\n","protected":false},"author":1,"featured_media":595420,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,534,947],"tags":[],"class_list":{"0":"post-595419","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-financial","9":"category-whats"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/595419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=595419"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/595419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/595420"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=595419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=595419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=595419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}