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Bitcoin Price Forecast: BTC, ETH Held Back by Technical Resistance

February 21, 2023

Via: DailyFX

Bitcoin prices have surged over 50% since the start of the year and approximately 6.5% this month. With a 39.93% rally in January allowing BTC to breach $20,000, the speculative asset has continued to climb, rising to another big level of psychological resistance at $25,000.

As the largest digital cryptocurrency (in terms of market cap) strives to hold onto its gains, Ethereum (ETH) prices have lagged, appreciating around 38% in the past two months.

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