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#BTC & ETH Weekend Analysis #BTCUSD
Bulls have predictably reversed course upwards, managing to rise to $83,216; now the next target is to move towards $86,000, and it is necessary to reach it as soon as possible and establish support there. In that case, it will become clear that the growth phase has returned. There is an unconfirmed bullish engulfing pattern, which occurred due to a weak signal from the money flow; significant bearish signals are not currently observed, except for another mutual tariff increase between China and the USA.
According to data from the analytical platform CryptoQuant, Bitcoin may linger around the $80000 area in the near future if it does not break the next resistance level at $84000.
In the first quarter, miners mined 9700 BTC worth $800 million.
Shares of Bitcoin miners have gone up.