Bitcoin up to $40659 and Ethereum up to $2145 this morning

<div><img width="1200" height="801" src="https://www.financebrokerage.com/wp-content/uploads/2022/06/shutterstock_1040861935.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin" decoding="async" loading="lazy" /></div><h1><b>Bitcoin up to $40659 and Ethereum up to $2145 this morning</b></h1>
<ul>
<li aria-level="1">The Bitcoin price was calm during the weekend and moved steadily in the $43600-$44400 range.</li>
<li aria-level="1">On Saturday, we saw the Ethereum price jump to $2403.</li>
</ul>
<h2><b>Bitcoin chart analysis</b></h2>
<p>The Bitcoin price was calm during the weekend and moved steadily in the $43600-$44400 range. A bearish impulse followed at the start of this week, and the price fell this morning to the $40,659 level. We stayed down there briefly, and the price near the door was above $42,000. After that we see price consolidation in the $42000-$42500 range. We need a break above $42500 and the EMA50 moving average if we plan to see a continuation of the Bitcoin price recovery.</p>
<p>Potential higher targets are $42750 and $43000 levels. We need a negative <a href="https://www.financebrokerage.com/the-dollar-index-with-bullish-consolidation-rises-to-101-00/">consolidation</a> and pullback below the $42000 level for a bearish option. If we fail to move above the EMA50 moving average, that would be a bearish sign for us. This would cause a further price pullback, looking for support at lower prices. Potential lower targets are $41500 and $41000 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-246344 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/12/HxClcacT-1024×620.jpg" alt="Bitcoin chart analysis" width="1024" height="620" /></p>
<h2><b>Ethereum chart analysis</b></h2>
<p>On Saturday, we saw the Ethereum price jump to $2403. After that, the movement took place in the $2320-$2380 range. Bearish consolidation followed this morning, and the price fell to $2145. We stayed down briefly, and the price recovered to $2220. Then, the movement continued in the $2220-$2260 range. We need a break above $2260 if we plan to start a further recovery.</p>
<p>We could have additional resistance in the EMA50 moving average around the $2280 level. Potential higher targets are $2300 and $2320 levels. We need a negative consolidation and pullback below the $2220 level for a bearish option. The price of Ethereum would again be under pressure to move to the bearish side. Potential lower targets are the $2200 and $2180 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-246345 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/12/HYe4kvfs-1024×620.jpg" alt="Ethereum chart analysis" width="1024" height="620" /></p>
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