Bitcoin (BTC) and Ethereum (ETH) on the Brink of Hyped Resistance! Here’s What Traders Can Expect Next Week

The crypto market witnessed a considerable surge in the last week, causing many to speculate the potential future price trajectory for both Bitcoin (BTC) and Ethereum (ETH). The price of BTC has managed to stay above the $31,000 mark; however, the question remains whether it will be able to break through the crucial resistance level of $32,000 next week. ETH is also attempting to continue its upward trend by attempting to break through key resistance of $1,936. If successful, ETH could surge to $2,000 next week and then potentially to $2,150. Meanwhile, BTC could potentially ascend to $32,441 before making a move to $40,000. If the price falls below $29,000, it could enter a range-bound phase between $30,000 and $25,500.

Robert Wilson
Robert Wilson author

As the overseer of NicheBot's editorial content, I am committed to ensuring that all information published on our website is both accurate and relevant to our readers. My fervent support for the crypto industry has led me to closely monitor the developments within it since 2012, and I have contributed extensively to discussions and debates surrounding the world of Bitcoin.

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