Flare

Bitcoin could challenge the $120,000 to $123,218 resistance zone but crossing it may be a tough ask for the bulls.

Ether taps $4,000 for the first time in eight months in a further win for ETH bulls and the broader altseason, while Bitcoin dominance fades.

XRP price may continue to climb toward $4.50 over the next few months as it breaks out of a classic bullish continuation pattern.

Despite aggressive bullish bets, market odds imply under 3% chance of $200,000 BTC price by December of this year.

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Bitcoin’s energy-based “fair value” sits at $167K, 45% above its current price, as record hash rate data shows BTC trading at a deep 31% discount.

A crypto trader said early Bitcoin investors very likely wouldn’t have the conviction to hold onto the cryptocurrency for over a decade through its many sharp corrections.

Ether’s recent rise is the first step toward significant gains for altcoins as traders show a “risk-on appetite,” said crypto trader Michaël van de Poppe.