BTCUSD<\/h2>\n
Last week Bitcoin tested the 21-week moving average (MA) and the $42,600 level.<\/p>\n Since April 2020, the 21-week MA has acted as solid support during the rise of BTCUSD<\/a> from $8,000 to the all-time high of $64,990. A break below the moving average in May 2021 reinforced the downtrend, sending the price down to levels below $30,000.<\/p>\n Maintaining the price above the 21-week MA would indicate a possible continuation of the bullish market with prospects for new all-time highs.<\/p>\n A breach of $42,000 and a hold below this level could trigger a downward move toward the $37,500 mark.<\/p>\n After testing support at $2,950, the price of ETHUSD<\/a> is in a sideways range. If this support is breached, one could expect further downside for the asset toward the psychological $2,500 level.<\/p>\n Following the September 7 correction, Bitcoin and Ethereum have been in a sideways trading range. If the bulls can keep Bitcoin above $42,000, the prospects for moving toward new all-time highs remain.<\/p>\n If it settles below the 21-week MA, the probability of Bitcoin returning to the $40,000-$30,000 trading range increases, with the potential for fresh lows below $28,700.<\/p>\n![\"\u0410\u043d\u0430\u043b\u0438\u0437](\"https:\/\/u1f987.com\/wp-content\/uploads\/image1-446-1024x496.png\")
ETHUSD<\/h2>\n
![\"\u0410\u043d\u0430\u043b\u0438\u0437](\"https:\/\/u1f987.com\/wp-content\/uploads\/image2-282-1024x550.png\")
Conclusions<\/h2>\n