Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Sell-off Worsens – Market Updates Bitcoin News

/USD fell to an intraday low of $21,754.13 earlier today, which comes less than 24 hours after trading at $22,770.22.

As a result of this drop, bitcoin moved to its weakest point since January 20, when the price bottomed at $20,865.From the chart, the sell-off took place following a break out of a resistance level at $22,500, which had mostly held firm since late January. In addition to this, the 14-day relative strength index also dropped, falling to its lowest point in over a month.

After weeks in overbought territory, price strength has started to subside, which could act as a long-term positive for bulls, whose next target will likely be $25,000.

It’s going to 50 cents soon! ETH to 0

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Is it ever gonna go up?

I'm very happy I'm holding Bitcoin, no matter if it goes up or down in price. I believe in the technology! Y’all follow btchill_ her tweets tips and predictions has been verified yet again,she know it’s all when it comes to crypto,she’s is clear to understand Follow her

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Yeah, that's not what we wanted. At least I can buy some more BTC and ETH to my OWNR wallet before they pump.

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $23,000 as Market Volatility Heightens – Market Updates Bitcoin NewsBitcoin dropped to a two week low on Feb. 09, with prices falling below the $23,000 mark after a brief rally on Wednesday. 22300$ resistance point falls below rally to 21000$ begins! Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals!
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Bitcoin, Ethereum Technical Analysis: ETH Nears $1,700, Fed Prepared to Maintain Rate Hikes – Market Updates Bitcoin NewsEthereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Ok great, I only listen to ChiefraFba for signals and analysis!..I have a 92% win rate in 3 months of copying his signals! Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals! Brilliant, but using ChiefraFba for signals and analysis
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