Bitcoin finally breaking out | Crypto Talk

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Bitcoin is finally showing us some strength!

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Show transcript

00:00:00: Relief rally showing up for Bitcoin, Ethereum is showing us a fractal from twenty-twenty five and XRP might push for price compression.

00:00:10: That and more in the crypto talk this week.

00:00:24: This show is brought to you by Swiss quote.

00:00:31: Today, we'll talk about the Bitcoin price.

00:00:34: We will talk about Ethereum price and of course then XRP as well.

00:00:37: But first let's start with a bitcoin And Let's Start With The Fact That The Bitcoin Price Has Risen About Seventy-Five A Thousand US Dollars Even Seventysix In Parts.

00:00:49: And Interestingly It Is Although The inflation Numbers Were Higher Than Expected.

00:00:54: but Of Course This is To Be Expected Because A Lot Of People Are Now Expecting Rate Cuts With A Change at the Fed share as well.

00:01:02: Maybe we'll see a very bullish May now for the Bitcoin price, We haven't seen these prices in.

00:01:15: And of course, if we jump into the chart and we look at that chart.

00:01:18: We can clearly see Bitcoin has even touched here The seventy six a thousand US dollar range and then it's come back.

00:01:27: so technically you can shorted from That upper top off that range down.

00:01:31: but to be honest with this bullish momentum going on I would say maybe wait a bit To see what end-of-the week brings because there is A very high chance that we might actually finish in This seventy five thousand us dollars maybe even seventy six thousand US dollars, which would make this whole thing quite bullish to be honest.

00:01:51: But there is a chance that we'll go down but then even if will probably kind of stay within that range move up its sideways and Then only we will increase as well.

00:02:00: now If we jump to Ethereum We can clearly see here in the very interesting movement.

00:02:05: Please consider fractal from May And you know, and remember of course what has happened in twenty five.

00:02:12: then Ethereum has risen about two hundred fifty percent.

00:02:17: A lot people are saying well look at this fractal right here.

00:02:20: it looks very similar.

00:02:21: there is a chance that we might see just the same movement towards here.

00:02:27: That would mean finally cracking the all-time high for Ethereum, because last time this has happened.

00:02:33: It has come very close to the all time high of around five thousand US dollars but it wasn't enough and it hasn't been there since.

00:02:41: so maybe with this movement exactly one year later... So in May twenty six we might actually see finally an ethereum price rise!

00:02:50: And now if you look at this here.. We can clearly see again very bullish momentum.

00:02:55: And the fact here that The Ethereum Foundation is communicating a lot and Very positive news are coming from Etherium side, actually there's A good chance That we might see an increase in terms of ethereum prices!

00:03:07: Very interesting Here...that We can See here now if we talk about XRP?

00:03:12: We have to Talk About the price compression as well because As you Can see here since end Of March Until kind of mid-April around one thirty and one forty.

00:03:26: And a lot of people are expecting the price to range or actually increase above one forty.

00:03:32: And if we jump into the chart, this is exactly what we can see here now.

00:03:35: in my opinion Here We Can See The Clear Bottom Here At Around One Twenty Seven One Thirty US Dollars and To Be Honest I Wouldn't Kind Of Trade This Until It Actually Breaks A Bit Higher Above That Price Compression Park Which Is About A Dollar Forty Two.

00:03:51: To be Honest Once We Kind of Get Above that Then In The Ideal Case Will See Higher Prices As

00:04:17: trading and investing carry risks, including capital loss.

00:04:20: See if these indigital assets are volatile.

00:04:24: SwissQuote assumes no responsibility for accuracy or losses from its use.

00:04:28: Products and services are offered only where legally

00:04:31: permitted.".

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