Ether price hits 2-month high against Bitcoin as BTC price tests $69K

Bitcoin is flagging versus Ethereum ahead of the ETF decision, but one target sees $80,000 BTC price emerging from a green light to launch.

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Bitcoin (BTC) sought to flip $69,000 to support on May 22 as a comedown from local highs concerned analysts.

Data from Cointelegraph Markets Pro and TradingView showed weakening BTC price action, which delivered two tests of old 2021 all-time highs.

Still above $69,000 at the time of writing, that level formed a key line in the sand for some.

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