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Newton Analysis: Bitcoin and Ethereum remain in the early stages
FUNDSTRAAT’s renowned analyst offers an optimistic outlook on the cryptocurrency trajectory, affirming that the market has not yet reached the saturation points feared by some. According to his technical analysis, BTC and Ethereum (ETH) still hold significant upward potential.
In his latest assessment, Newton discusses the widespread negative opinions about the market reaching its peak and concludes that these concerns are not based on strong analytical foundations. By studying historical patterns and current technical indicators, the analyst believes that the current cycle may still be in its middle phase.
Bitcoin and Ethereum, according to Newton’s perspective, have more ground to cover before reaching true saturation levels. This assessment aligns with FUNDSTRAAT’s broader view on long-term market dynamics.