Technicals signal bitcoin shift, Ethereum gears up for Glamsterdam: Crypto Week Ahead
Summary
Bitcoin briefly rose above $87,000 after reclaiming $86,000, then pulled back as traders watched the U.S. dollar. Its 50-, 100- and 200-day moving averages are nearing a bullish alignment, supporting the view that its three-month recovery remains intact. U.S. economic data and FOMC minutes are due this week. Ethereum developers are preparing the Glamsterdam upgrade testnet on Sepolia, while Balancer, Aave and AirSwap have notable token events ahead.
