A crypto analyst has shared more insights into the Bitcoin (BTC) price action using a rare Japanese chart pattern called the Renko Mari-Ashi. The chart shows that the Bitcoin price has formed a Double Bottom and could be on the verge of a major breakout.
Ethereum is opening May at around $2.3k, having spent the final week of April consolidating below the $2.4k resistance zone that has now rejected the price on multiple occasions.