Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of United States GDP Data – Market Updates Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

BTC, ETH consolidate as markets await U.S. GDP data.

Following a low of $1,208.03 in Tuesday’s session,The move sees the world’s second largest cryptocurrency continue to be a stone’s throw away from a ceiling at $1,230.Despite the prospect of higher highs, overall momentum seems relatively bearish, with the 10-day moving average extending a crossover with its 25-day counterpart.

As can be deduced from the chart, the RSI also looks set for a down trend, as it failed to break out of its current ceiling at 47.00 In order for bullish sentiment to return, it is likely that a move beyond this resistance will need to take place.Tags in this story

 

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

Finding a project with good utility is hard - well look no further. $AWST team of traders will be responsible for investing & trading different plays, whether this is in Crypto, Stocks or Degens. apesofwallstreet

I try to spend usdt on fundamental projects more often

Hopefully next year will be bullish for crypto. I think I'll spend some usdt on btc right now

Will $BTC break the $17K mark again before the year ends?

Well hopefully the price will be a bit higher in 2023. I think I'll spend some usdt on btc right now

preparing for the next dump, waiting for that on Bfx

Releasing GDP data affecting Bitcoin ?

Brilliant, but using ChiefraFba for signals and analysis

This is exactly why I only trust ChiefraFba for signals and analysis

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

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.

Bitcoin mining report: Stocks mixed as bitcoin ralliesHere's how crypto mining companies performed on Tuesday, Dec. 20.
Source: TheBlock__ - 🏆 464. / 53 Read more »