Polkadot, Ethereum and Bitcoin – European Wrap 11 October [Video]

Polkadot price shows a full-fledged bearish continuation pattern that could trigger a steep decline if buyers do not intervene. If, as expected, bulls fail to step in, investors should prepare for a sharp correction for DOT.

 

Ethereum price has been consolidating since September 21, resulting in a bearish development. A failure to recover quickly or more bearish pressure on Bitcoin could worsen the situation and kick-start a nosedive.

 

ETH/USDT 4-hour chart

A brief technical and on-chain analysis on Bitcoin price. Here, FXStreet’s analysts evaluate where BTC could be heading next.