Bitcoin traders still favor new $20K lows as Ethereum hits $2K

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Bitcoin traders still favor new $20K lows as Ethereum hits $2K
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Bitcoin might have to go to $20,000 before $28,000, the latest trading scenario warns.

More bullish was trading account Credible Crypto, who argued that any corrections would still be bullish unless $20,700 was broken.

"Relief went a big higher than expected but looks like a liq grab of local highs and still think a move down to green before continuation to 28k+ makes most sense," he"Cleaned up the chart a bit to make things more clear. Invalidation at 20.7k until then bullish af on any dips.

On altcoins, meanwhile, it was Ether in the driving seat after an overnight surge took ETH/USD above $2,000 for the first time since May.At $2,020 so far, the pair achieved its best performance since May 23, seeking to consolidate near the highs at the time of writing.

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