Bitcoin And Ethereum Outlook: Has Crypto Had Enough For A Rally?

MarketPulse by OANDA Group723 FollowersFollow5ShareSavePlay(7min)CommentsSummaryCryptocurrencies haven't found steady momentum for a rally during major market swings.Luckily for crypto bulls, Bitcoin did not complete its short-term head & shoulders pattern, as the narrative largely softened since and allowed some new risk-on inflows.The rebound in Ethereum is even more consistent than BTC, currently testing the upper bound of its October downtrend – a key test for what is coming ahead. Tak Yeung/iStock Editorial via Getty Images By Elior Manier Cryptocurrencies haven't found steady momentum for a rally during major market swings. Recent dynamics have helped ease the harsh selloffs seen over the past six months. There has been a shift towardThis article was written byMarketPulse by OANDA Group723 FollowersFollowMarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.