Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week – Market Updates Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

BTC moves below $22,000 to start the week.

/USD slipped to an intraday low of $1,506.66 to start the week, as prices continue to consolidate for the seventh consecutive session.

This week-long consolidation has been taking place between a floor of $1,500, and a recent price ceiling of $1,650.Looking at the chart, this sideways trend began following a failed breakout of the 69 resistance level on the 14-day RSI. The index is now tracking at 59, as it heads towards another point of uncertainty, which is at 57. Should relative strength fall below this point, we may see further declines.Tags in this story

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I thought that bullish trend has already started in crypto market. In any case cryptos have only one way to skyrocket.

Not that bad. Like it

btc will do it.. It will hold 21500 price level.

Would be better to see BTC below $20K again, for the last time at least. I want to spend all USDT I have now.

the sentiment seems bearish🤣not really and bad either just boring weekend closed. would anticipating for any mexc product to launch within this week cryptoexchange

And maybe it was just a trap, there was no consolidation below 22K, we continue to push into the 200 MA ‼️Look‼️

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Expect the next Bitcoin bull run in a year, says finance professional F. GrummesFlorian Grummes, the managing director of investment advisory firm Midas Touch Consulting, believes that despite Bitcoin’s (BTC) recent minor gains,... Continue reading
Source: CryptoPanicCom - 🏆 563. / 51 Read more »