Bitcoin is above $44,000, and Ethereum is at $2,300

<div><img width="1200" height="798" src="https://www.financebrokerage.com/wp-content/uploads/2023/02/Le-Bitcoin-passe-les-24-000-dollars-jeudi-2-fevrier-2023.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin" decoding="async" loading="lazy" /></div><h1><b>Bitcoin is above $44,000, and Ethereum is at $2,300</b></h1>
<ul>
<li aria-level="1">Yesterday, the price of Bitcoin managed to break above the consolidation in the $41600-$42000 range and climb up to the $44490 level.</li>
<li aria-level="1">Today, we are looking at continuing the bullish movement of the Ethereum price to a new high at the $2312 level.</li>
</ul>
<h2><b>Bitcoin chart analysis</b></h2>
<p>Yesterday, the price of Bitcoin managed to break above the consolidation in the $41600-$42000 range and climb up to the $44490 level. That’s how we formed this year’s new high, and we hope to see a continuation above. Bitcoin price is making a pullback this morning to the $43500 level, gaining support in that zone. This affects us to see the beginning of a new <a href="https://www.financebrokerage.com/eurusd-and-gbpusd-euro-in-bullish-consolidation-to-1-05400/">bullish consolidation</a> and we move to the $43815 level.</p>
<p>It would be desirable to climb above $44,000 if we want to see a more concrete recovery. Potential higher targets are $44400 and $44800 levels. We need a negative consolidation and a drop to the $43200 level for a bearish option. Thus, we would form a new low and confirm the increase in bearish momentum. Potential lower targets are $42800 and $42400 levels.</p>
<p><a href="https://www.tradingview.com/x/nA7FccDv/"><img decoding="async" loading="lazy" class="aligncenter wp-image-245558 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/12/nA7FccDv-1024×620.jpg" alt="Bitcoin chart analysis" width="1024" height="620" /></a></p>
<h2><b>Ethereum chart analysis</b></h2>
<p>Today, we are looking at continuing the bullish movement of the Ethereum price to a new high at the $2312 level. After the formation of a new high, the price starts to pull back to support at the $2260 level. For now, we have managed to see a stop to the price decline. We are currently at the $2280 level and expect to see a continuation on the bullish side. Potential higher targets are $2300 and $2320 levels.</p>
<p>We need a negative consolidation and a break below the $2260 support level for a bearish option. After that, we will see the formation of a new low, which confirms the increased bearish presence. Potential lower targets are $2240 and $2220 levels. The EMA50 moving average is currently around $2180.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-245561 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/12/q4G3brCi-1024×620.jpg" alt="Ethereum chart analysis" width="1024" height="620" /></p>
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