Need to watch out BTC is facing a key resistance zone and loosing momentum.
A number of crypto news outlets are starting to report on news coming out of China about a squeeze of cheap power and possibly a ban on Bitcoin mining: news.bitcoin.com cointelegraph.com bitcoinist.com Bitcoin could drop to 5000 in term because of the above news.
A bear flag just broke down. If it reaches the target it will be around $6500.
ETH price is facing selling pressure and already moved below the $300 support against the US Dollar. A break below it could ignite further losses towards the $240 level in the near term.