Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, as Markets Consolidate on Thursday – Market Updates Bitcoin News

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BTC drops below $28,000, as markets consolidate on Thursday.

Following a high of $1,924.47 on Wednesday,As a result of this decline, ethereum has fallen from its strongest point since Aug. 17, when the price hit a peak of $1,957.Similar to bitcoin, today’s drop came as a result of the the RSI hovering below a recent support point at 61.00.

Overall, it appears that earlier bulls have moved to take profits, ahead of the upcoming uncertainty in the market.Register your email here to get weekly price analysis updates sent to your inbox:

 

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Bitcoin, Ethereum Technical Analysis: BTC Moves Above $28,500 as ETH Nears $2,000 – Market Updates Bitcoin NewsBitcoin broke out of a resistance level of $28,500 on April 5, as crypto markets continued to react to economic data from the United States. cz_binance will take us to 30k BTC is future.. ❤️ RIP $$ Y'all know that Crypto is the future.
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