Bitcoin And Ethereum Daily Price Forecast

The cryptocurrency market has finally come to bear’s playground. While the month of February saw positive performance overall, the latter half of the month began showing signs of bullish exhaustion. There was even an attempt by bears to take control of price action ahead of Constantinople hard fork schedule. But history failed to repeat itself as the downside move turned out to be nothing more than a small correction with all losses recovered in a short time frame. Meanwhile, headlines and comments from key regulatory authorities had confirmed that much-anticipated events in the crypto market – the debut of CBOE’s Bitcoin ETF and Bakkt platform’s Bitcoin futures are likely to be delayed till the end of March 2019 or maybe even later.

Profit Booking Was Triggered Owing To Lack Of Bullish Progress Following ETH Hard Fork

This took away a great deal of fundamental support from the market. However, price action consolidated well above critical support levels ahead of…

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