Ethereum price is forming a bearish continuation pattern against the US Dollar and bitcoin ETHUSD remains at a risk of more losses as long as it is trading below 107

The bitcoin price is on the move already this morning so we arent going to waste any time getting started Overnight action gave us plenty to discuss but we will come back to it later on when weput forward the second of our twice daily Price watch pieces For now because things are moving so fast we are going to jump straight into the market and get our key levels outlined and put in place so that our readers can do the same

Blythe Masters the Wall Street executive who became the youngest managing director of JP Morgan likes the blockchain However the Chief Executive Officer of the startup Digital Asset Holdings doesnt pay much attention to Bitcoin The former credit derivative product manager told Bloomberg Markets Most Influential SummitI never became particularly enamored with cryptocurrency

Ethereum price is forming a bearish continuation pattern against the US Dollar and bitcoin ETHUSD remains at a risk of more losses as long as it is trading below 107