The post What’s Next For Bitcoin and Ethereum? Experts Weigh In appeared first on Coinpedia Fintech News

On Saturday, the cryptocurrency market showed a decrease in its previous level of volatility, with a 1.5% drop in the prices of Bitcoin and Ethereum. Despite this, profit-taking in the crypto market remains high, with over $98 million liquidated in the past 24 hours. Analysts believe that the crypto market is currently in a period of calm before the next bout of volatility.

Analyst Rekt Capital predicts that the next few weeks will be a crucial moment for the entire cryptocurrency market. If the previous rally continues, it would signal the end of the bear market and the start of a multi-week consolidation stage. 

However, if there is a significant drop below $18k, a bearish trend could be indicated by a death cross between the 50 and 200 WMAs.

A similar narrative has been shared by on-chain analytic firm Santiment which cited a significant spike in whale transactions on altcoins.