Bitcoin and Ethereum continue to headline the mainstream financial news as the Cryptocurrency gold rush wears on. The recent Byzantium hard fork in Ethereum is running smoothly according to the news. If you check around you will see new price projections for Bitcoin from $10,000 all the way up to $27,000. These price projections are based upon pure speculation and media hype. After rising to a recent high of $5,000 and then dropping to the $3,800 region and moving back up quickly to $5,800 it appears that Bitcoin is setting up for a large correction. These fast whipsaws are indicative of Smart Money manipulation. The algorithms which drive these modern markets all operate as they were programmed to do, and the whipsaws leave clues.
From over here it looks like Ethereum is setting up for a leg higher as this crypto has remained flat and has continued to move in a sideways range for some time. It appears that Ethereum is being accumulated by the big boys.
As the Dow Jones moves above 23,000 for the first time in history the it is all systems are go for the financial markets where the mood is positive about the future.