We can say that Bitcoin made a new rally yesterday, climbing above the $ 15,000 level with gains ranging between 7% and 11%. Cryptocurrency investors were the most comfortable follower, regardless of who exited the US Presidential elections. The common point was the decline of the dollar and its aid, Fed's funding, and the increase in individual and corporate interest in cryptocurrencies. The increase in market dominance to 67% also causes altcoins not to be in demand due to low investor sensitivity and investments in BTC, the capital. According to Bitcoin options, it is currently trading with a probability of 14% for BTCUSD to reach $ 20,000 by the end of the year.

When we consider BTCUSD technically; At the $ 16,000 border, the MACD and Momentum indicators maintain momentum in the positive zone. Support and resistance ranges are now quite open. Therefore, if it breaks down to 15,300, there is no significant support up to the $ 14,200 levels. Above, before 20,000, the most important resistance is 16,200 and 17,300, with large gaps above. Therefore, the momentum can be followed with caution. The outlook is positive and driving upwards.

Ethereum again captured 7% of BTC's return and broke the $ 410 yesterday and surpassed an important region. Ethereum Foundation pointed to December 1 in its statement for the 2.0 update. However, some speculation spreading in the market was that this date could be delayed, leaving pressure on pricing. Due to the fact that it is unconfirmed information, movements in Bitcoin have a positive effect on Ethereum for now.

When we consider ETH / USD technically; The declining trend that has been ongoing since September 1 is broken and the upward channel that formed in early October continues. Ethereum, which we mentioned yesterday that the momentum could increase with the break of the 410 regions, acted in this direction and suddenly rose to the $ 440 region. Because if this zone is broken, there is no significant resistance up to $ 490 and the double bottom continues in the weekly period. You can watch the details in our Crypto Zoom post on our YouTube channel. The outlook is bullish and positive.