Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 as Volatility in Crypto Markets Intensifies – Market Updates Bitcoin News

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BTC rebounds on Thursday, climbing back above $19,000.

/USD climbed to a top point of $1,304.90 earlier today, which comes less than a day after hitting a low of $1,275.32.

Like with bitcoin above, today’s rebound in price came as bears failed to break out of a key support level of $1,270.Although there is current turbulence in the market, traders who have entered the market today will likely be targeting a return to a recent resistance point. This ceiling is the $1,330 mark, which was last reached on Tuesday, however there was not enough bullish pressure at the time to move beyond that point.

In order for this to take place in the coming days, a ceiling of 46.80 on the RSI must first be broken.Tags in this story

 

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I'd definitely cash on bitcoin before they lose anymore value

Rebound? You must be doing a headstand

Rebounds like a dead cat 👏🏻

Rebounds like a falling knife 👏🏻

„Rebounds“ - in this range you can’t talk about rebounding

This last week has been a green one for BTC. It generally has kept above 19K except for one small and quick event yesterday.

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Seriously...is $200 a rebound.

BTC bouncing bouncing like titties 😅

Why are they keeping this a secret OMG!!

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Why are they keeping this a secret

The craziest airdrop is Live 💰

Now investment is a good choice

Why is nooboody talking about this

Why is nooboody talking about this

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