Bitcoin and Ethereum: Bitcoin climbs to the $36864 level

<div><img width="1200" height="800" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2022/10/bitcoin-3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="bitcoin" decoding="async" loading="lazy" /></div><h1><b>Bitcoin and Ethereum: Bitcoin climbs to the $36864 level</b></h1>
<ul>
<li aria-level="1">The price of Bitcoin managed to break above the $36,000 level this morning.</li>
<li aria-level="1">This morning, we saw a new spike in the price of Ethereum above the $1900 level.</li>
</ul>
<h2><b>Bitcoin chart analysis</b></h2>
<p>The price of Bitcoin managed to break above the $36,000 level this morning. This was followed by a bullish impulse that pushed the price to the $36864 level.</p>
<p>We are currently stalling at that level and retreating to support at $36,600. We need to maintain above that level in order to continue to the <a href="https://www.financebrokerage.com/bitcoin-looking-at-the-bullish-side/">bullish side</a>. Potential higher targets are $37000 and $37200 levels.</p>
<p>For a bearish option, we need a negative consolidation and a drop below the support at the $36600 level. After that, the price could start a further pullback to $36,200, yesterday’s high price of Bitcoin. A fall below this level would lead to the formation of a new low. Potential lower targets are the $36,000 and $35,800 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-239085 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/11/KwX7bywX-1024×620.jpg" alt="Bitcoin chart analysis" width="1024" height="620" /></p>
<h2><b>Ethereum chart analysis</b></h2>
<p>This morning, we saw a new spike in the price of Ethereum above the $1900 level. With a bullish impulse, we climbed to the $1930 level and formed a new four-month high price.</p>
<p>Let’s stop at that level for now, and Ethereum pulled back to the $1910 support level. If we don’t hold here, we could easily slip and retest the $1900 level. A pullback below $1900 would take us back to yesterday’s movement zone.</p>
<p>Potential lower targets are $1890 and $1880 levels. For a bullish option, we need positive consolidation and a return to the zone around the $1930 level.</p>
<p>Then, it’s important to move above that level and try to stay up there. If we succeed in that intention, we will be in a good position for the continued bullish side. Potential higher targets are the $1940 and $1950 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-239086 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/11/Sxy1OnvW-1024×620.jpg" alt="Ethereum chart analysis" width="1024" height="620" /></p>
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