Bitcoin and Ethereum: Could Bitcoin rise to the $44000 level

<div><img width="1200" height="771" src="https://www.financebrokerage.com/wp-content/uploads/2022/09/Bitcoin.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin" decoding="async" loading="lazy" /></div><h1><b>Bitcoin and Ethereum: Could Bitcoin rise to the $44000 level</b></h1>
<ul>
<li aria-level="1">In yesterday’s afternoon, the price of Bitcoin rose to the $43300 level with a bullish impulse.</li>
<li aria-level="1">Yesterday, the price of Ethereum launched a bullish impulse to the $2310 level.</li>
</ul>
<h2><b>Bitcoin chart analysis</b></h2>
<p>In yesterday’s afternoon, the price of Bitcoin rose to the $43300 level with a <a href="https://www.financebrokerage.com/safemoon-and-litecoin-litecoin-continues-to-recover/">bullish</a> impulse. A quiet weekend was followed by a jump above the $43,000 level. During the morning, the price of Bitcoin rises to $43775 and forms this week’s high there. We pause in that zone and watch a pullback to the $43385 level. We remain still high compared to yesterday’s start of the week and can hope for a continuation on the bullish side.</p>
<p>Potential higher targets are $43500 and $43750 levels. We need a pullback below the $43000 level for a bearish option. We would break the support by falling below, putting additional pressure on Bitcoin to start falling to lower levels. Potential lower targets are $42750 and $42500 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-256889 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2024/01/1E3Ipuqk-1024×598.jpg" alt="Bitcoin chart analysis" width="1024" height="598" /></p>
<h2><b>Ethereum chart analysis</b></h2>
<p>Yesterday, the price of Ethereum launched a bullish impulse to the $2310 level. After consolidating at the $2240 support level yesterday before noon, in the afternoon we saw a bullish consolidation that continued today. This morning, we formed a high at the $2328 level. More positive in that we are now above the EMA200 moving average, and if we manage to stay above it, we will have a good position for further recovery. Potential higher targets are $2330 and $2340 levels.</p>
<p>For a bearish option, we need a price pullback below $2300 and the EMA200 moving average. A move below increases the pressure on Ethereum to continue its pullback until the next support. Potential lower targets are $2290 and $2280 levels. If we manage to stay above $2270, the price could start a bullish consolidation again.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-256890 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2024/01/FU1N0LyL-1024×598.jpg" alt="Ethereum chart analysis" width="1024" height="598" /></p>
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