*Bitcoin Price Prediction*
Bitcoin is holding above $65,000, signaling that buyers are aiming to establish this level as new support. Bitcoin is currently forming a rising wedge pattern, a crucial indicator for next week’s prediction.
As of writing, BTC price trades at 67,106, surging over 0.5% in the last 24 hours.
The upward trend in the 20-day exponential moving average and a positive relative strength index (RSI) show that the bulls have the upper hand in the coming week, raising the likelihood of a breakout above $70,000. If successful, the BTC/USDT pair could climb to $72,000.
On the downside, $65,000-$62,000 is a key support zone for the bulls to hold. A decisive drop below this zone could confirm the pattern and plunge BTC price toward $50.7K in November
*Ethereum Price Prediction*
Ether rebounded off the 50-day Simple Moving Average (SMA) at $2,407, indicating that the bulls are attempting to establish a higher low. As of writing, ETH price trades at $2,479, surging over 0.6% in the last 24 hours.
The 50-day SMA is the critical level to watch on the downside. A break and close below this support could trigger a decline below the support line toward $2,200.
