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Ethereum’s new all-time high prepares ETH for 'continuation to $5,000'
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The cryptocurrency market is in high spirits on Oct. 29 after bulls managed to lift the price of Bitcoin (BTC) back near the $63,000 support zone and Ether (ETH) has established a new all-time high at $4,460.
Here's what anlaysts are saying about the market now that Bitcoin is finding support above the $60,000 level and Ether looks to enter price discovery.
The bullish moves seen in BTC and Ether caused a moment of reflection for independent market analyst Crypto_Ed_NL, who tweeted that it “seems I was not bullish enough at $40,000” when a target of $73,000 was given.
After taking the recent moves into account, the analyst indicated that the “target moved up to $90,000 and after a correction, we should see $100,000.”
Regarding exactly how
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