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Bitcoin And Ethereum Daily Price Forecast – Crypto's Trade Bound Range on Yet Another Dead Cat Bounce

Cryptocurrency markets recovered slightly from weekend declines during the overnight trading session and traded range bound near session highs for the majority of today's market hours but profit booking activity and lack of fundamental support. Traders are divided over the cause of the price rally. Headlines a few days ago hinted at the Russian government considering the probability of converting their funds from fiat currency to cryptocurrency.

Russian Govt's Fund Unlikely Flow As of Today

If it is not unlikely for Russia, it is highly unlikely for Russia, it is highly unlikely for Russia of time and opportunity to invest in a large number of players in the market who would have been interested in This is due to the fact that the volume is prolonged with the time frame that is slightly higher than the recent past due from the volatile price market. Catfish as it was in recent past.

Bitcoin rose up from $ 3500 price range to $ 3700 price range where it is traded for majority of the day, however, in the European market hours, the pair fell back to $ 3600 As of writing this article, the BTC / USD is trading at $ 3675.7 down by 0.93% on the day. Meanwhile, it has traded range bound just below the critical resistance level of $ 130 as recent rally could not capitalize on gains owing to investors. ETH / USD is trading at $ 128.53 down by 1.03% on the day.

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