Late November 2020, BTC was knocking at its all-time highs at $19,000 in, while ETH was hovering below $600, some 60% lower than its 2018 peak. A few weeks later, when BTC decisively broke above its former record price, ETH embarked on a multi-month rally to eventually hit a $4,400 peak in May.
Navigating Bitcoin’s Market Dynamics Through Technical Analysis
Real-time analysis of the chart of bitcoin shows that, as of early-May 2024, there was a loss of intermediate-term momentum...