Two biggest threats to ongoing Bitcoin and Ethereum rallies – Forbes

Two biggest threats to ongoing Bitcoin and Ethereum rallies – Forbes

Bitcoin price appears to be entering a new range after a key breakout.

SOPA / LightRocket images via Getty Images

Bitcoin’s price hit $ 12,086 on Coinbase as Ethereum (ETH) supported overall market sentiment. While the momentum in the cryptocurrency market is clearly strong, there are two potential threats to the rally.

The daily Bitcoin chart.

TradingView.com

The two…

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