Bitcoin, Ethereum Technical Analysis: BTC Hits 2-Month High, Climbing Above $19,000 – Market Updates Bitcoin News

Following a low of $17,995.20 on Thursday,As a result of the move, the world’s largest cryptocurrency climbed to its strongest point since November 8, when price was above $20,000.Looking at the chart, the rally came as the 14-day relative strength index rose to a peak of 82.00, which was its highest mark in over a year.

In addition to this, the upwards trend on the 10-day , and 25-day moving averages continued to mature, thus extending bullish momentum. Despite this, prices are now well beyond overbought, which could mean that bears are lurking and preparing for reentry.

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Now BTC is rosen up to $20,000k , not stabled at this time.

The comeback maybe?

Finally wind is slowly changing

And it's below $19K again. Let's wait until BTC becomes stable or starts pumping as hell.

BTC is green now but it will head back down so will Alts take profits and exit and wait for the recession to subside Don't trap the newcomers they will be losing a lot with blind foolish bullishness this is just a small rally Market outside is still bad

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