Ethereum was casted back into the 330-400 zone for a long time, its beautiful to see that ETH is finally out, it's also due to the eth 2.0 launch, but also due to the bitcoin rise. A breakout can be traded, but do expect a small retest, because the rsi is overbought on the 4 h, but the uptrend has begun.
BTC may be going through a little bit of volatility soon, but either way it will benefit the alts, there is a lot of ground to gain for the main alts compared to BTC, an absolute fantastic time to invest in alts, perhaps the best time ever, you won't have to wait long for epic gains.
Remember always big boy pants and strategic multi leveled stop losses.
It would be great if BTC could range a little between 13200 and 12700 before going up, mainly due to the RSI it needs to cool down a little so we can prevent massive rejections that will cause trend reversal. All in all BTC could tap 14 k at the end of the month, or at least 15 k at the end of the november.
The paypal news is doing BTC a lot of good. As soon as btc breaks 13200 and stays above it 24 hours it will turn into support. If it doesn't we can sideways in this area between 12700 and 13200, until the next pump comes. Either way major bear positions have been obliterated, this is only the beginning of the bull market, it could last for years.
We are already in a little correction from the top, Bitcoin is smoking hot, so don't count on a huge and lengthy correction this time. As soon we see some retest or a little bull flag we can continue on our way to 14 k.
congratulations to all the bulls :)