{"id":45243,"date":"2019-06-17T03:00:19","date_gmt":"2019-06-17T01:00:19","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=45243"},"modified":"2020-02-19T01:56:38","modified_gmt":"2020-02-18T23:56:38","slug":"ethereum-2-0-horizon-analysts-bullish-eth","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/ethereum-2-0-horizon-analysts-bullish-eth\/","title":{"rendered":"Ethereum 2.0 On the Horizon; Analysts Flip Bullish on ETH"},"content":{"rendered":"\n
Over the past week, the crypto market has surged yet again. Ethereum (ETH) has hit $270, nearing a year-to-date high, and Bitcoin (BTC) is past $9,000 for the umpteenth time in weeks. With this strong move higher, analysts have tried to postulate what comes next for the market. Today, Ethereum World News will take a closer look at what people are saying about ETH.<\/p>\n\n\n\n
In a tweet published<\/a> early into the latest leg higher, Financial Survivalism<\/a>, a prominent analyst, explained why he’s bullish on Ethereum. He looked to the fact that ETH has broke through key resistances on high volumes, has seen a golden cross, has shown early signs of a parabolic move, and is in a bull flag during a consolidation phase. As to where ETH is heading exactly, Survivalism didn’t divulge that information. Yet, he did confirm that he was buying Ethereum on the spot Gemini market as a result of his analysis. <\/p>\n\n\n\n (Survivalism’s latest analysis comes after he accurately predicted Bitcoin’s recent rally back to the high-$8,000s. Per previous reports from Ethereum World News<\/a>, he claimed that if the textbook Wyckoff pattern plays out, BTC breaking past $8,040 would confirm a move to near $9,000.)<\/p>\n\n\n\n