Ethereum recent outperformance vs Bitcoin can persist after breakout above Sept highs

Nov 3, 2021 • 3 Min Read

Key Takeaways

  • Ethereum remains a near—term outperformer to Bitcoin over last two weeks, and this looks to last a bit longer after its breakout above Sept highs
  • Solana remains quite bullish after its recent surge, but yet stretched

Bitcoin Technicals - Yesterday’s breakout to new weekly highs following the minor three-day consolidation should be bullish to driving BTCUSD back to test October peaks near 67k. Pullbacks likely find support near 61,800-62,315 with only a break under 60,355 changing the near—term trend and postponing further gains. Daily RSI remains in neutral territory after rec...

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