Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate Hike – Market Updates Bitcoin News

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BTC, ETH slip as markets continue to react to latest Fed rate hike.

/USD which initially rose to a high of $1,613.41 on the news, slipped to a intraday low of $1,507.24 on thursday.

The move sees the token now fall for a fifth straight session, following last week’s gains, which saw prices hit a 6-week high.Looking at the chart, the decline has sent the RSI to a long term floor of 58.00, with bears attempting to break below this point. As of writing, bulls have so far rejected this, with the world’s second largest token somewhat rebounding.

is currently trading at $1,531.53, with the 10-day moving average still upwards facing, which could be a sign of resilient bulls awaiting the time to increase market pressure.Tags in this story

 

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Donde habéis visto la caída? BTC Y ETH NI SE HAN MOVIDO !!!! lo ves ahí ? Yo sé que no !!!!

This is temporary and we all understand it.

When the Fed increases interest rate, it decreases the money supply. Then money can't flow into crypto (BTC, etc) :(

Let it get to 15k so that I could spend my tether in best way possible

Rly

Is there anythingg likee it?

bull or bears market to weekend

I'm waiting bull market🧲🥰

I sincerely feel sorry for those folks who were not smart enough to wait out with USDT

Boom $btc $eth

Bitcoin is dead let’s just give up

🚀Thnkss a millon

Bull rally starts soon 🙌

yea!

Lol, I only listen to ChiefraFba for signals and analysis

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