Bitcoin Needs to Surpass $70K and Ethereum $4K to Start Alt Season According to Arthur Hayes

BTC

BTC/USDT

$64,958.00

+0.46%

$64,958.00

+0.46%

(24s)

24h Volume

$14,255,388,348.33

24h H/L

$65,744.60 / $64,418.01

Change: $1,326.59 (2.06%)

Long/Short

62.8%

Long: 62.8%Short: 37.2%

Funding Rate

+0.0043%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,949.99

▼ -0.69%

Volume (24h): -

Resistance Levels

Resistance 3$69,289.38

Resistance 2$66,956.15

Resistance 1$65,064.74

Price$64,949.99

Support 1$64,486.79

Support 2$63,284.00

Support 3$61,791.98

Pivot (PP):$65,090.27

Trend:Uptrend

RSI (14):52.8

**Bitcoin and Ethereum Thresholds for Altseason According to Arthur Hayes**

Arthur Hayes, a well-known figure in the cryptocurrency industry, has shared his insights on the potential onset of the altseason. Hayes believes that for altseason to truly begin, Bitcoin ($BTC) needs to surpass the $70,000 mark, while Ethereum ($ETH) has to exceed $4,000. These significant thresholds indicate crucial psychological and market resistance levels that could trigger a broader market rally for alternative cryptocurrencies. As the crypto community closely monitors these key levels, all eyes are on Bitcoin and Ethereum to lead the charge into a potential altseason.

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