Bitcoin jumped to $3880 and Ethereum is back to $2100

<div><img width="1200" height="842" src="https://www.financebrokerage.com/wp-content/uploads/2023/04/Le-Bitcoin-casse-a-nouveau-les-30-000-dollars-mardi-18-avril-2023.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Le Bitcoin casse à nouveau les 30 000 dollars mardi 18 avril 2023" decoding="async" loading="lazy" /></div><h1><b>Bitcoin jumped to $3880 and Ethereum is back to $2100</b></h1>
<ul>
<li aria-level="1">Yesterday, the bitcoin price was consolidating in the $37,600-$38,200 range.</li>
<li aria-level="1">In the previous hour, the price of Ethereum was once again above the $2100 level.</li>
</ul>
<h2><b>Bitcoin chart analysis</b></h2>
<p>Yesterday, the bitcoin price was consolidating in the $37,600-$38,200 range. Early this morning, bitcoin started a bullish consolidation and climbed to $38839. At that level, we formed a new price high for the previous year and a half. We encounter resistance for sa and see a pullback to the $38600 level. We expect the price to return to the $38400 level, where it could gain new support and momentum to initiate a new bullish consolidation.</p>
<p>Potential higher targets are $39000 and $39200 levels. We need a negative consolidation and a price drop below the $38,200 level for a bearish option. Thus, we would fall below yesterday&#8217;s high, increasing the price pressure. Potential lower targets are $3800 and $37800 levels. Additional <a href="https://www.financebrokerage.com/binance-announces-the-end-of-busd-support-by-mid-december/">support</a> in the zone around $37800 is the EMA50 moving average.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-244636 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/12/IZ2u7mid-1024×620.jpg" alt="Bitcoin chart analysis" width="1024" height="620" /></p>
<h2><b>Ethereum chart analysis</b></h2>
<p>In the previous hour, the price of Ethereum was once again above the $2100 level. In this way, we formed this week&#8217;s high and broke through the previous resistance at the $2080 level. In order to continue further to the bullish side, we need to maintain above $2080 because there we would form a bottom from which we would start the continuation to the bullish side. Potential higher targets are $2120 and $2130 levels.</p>
<p>We need a negative consolidation and a pullback of the price to the $2060 level for a bearish option. Thus, we would initiate a decline below the previous low and thus strengthen the bearish momentum. Potential lower targets are $2050 and $2040 levels. We will have additional support in the zone around $2050 in the EMA50 moving average.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-244638 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/12/TsgwJmd3-1024×620.jpg" alt="Ethereum chart analysis" width="1024" height="620" /></p>
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