Hello and welcome to News BTC’s Market Outlook April 28.
Ethereum rallied against the US dollar during the session on Thursday, breaking above the $60 level. We are now free to go much higher. Pullbacks at this point should offer value, and the $60 level now should be the beginning of fairly significant support. I have no interest in shorting, and believe that it there and will continue to go much higher.
Ethereum rallied against Bitcoin, reaching the 0.05 area before pulling back slightly. The market looks bullish, and I believe that short-term pullbacks will continue to offer short-term buying opportunities as Ethereum has been showing quite a bit of strength against other currencies as of late.
Thanks for watching and see you again Monday.