Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $22,000 Ahead of US Inflation Report – Market Updates Bitcoin News

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BTC moves towards $22,000 ahead of U.S. inflation report.

Following a low of $1,470.02 to start the week,As a result of this move, the world’s second largest cryptocurrency is once again trading above its long-term floor at $1,505.Despite this, overall market momentum remains bearish, with the 10-day moving average extending its death cross with its 25-day counterpart.

What has somewhat helped to ease the current market sentiment is the floor of 44.00 on the RSI indicator. Should the floor break, there is a strong possibility that ethereum will be heading for the $1,450 mark.Tags in this story

 

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How?

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EZPZ

Bitcoin.When will it pump?

BTC 4 eva and always to infinity and beyond etc.

Totally agree, but I only use ChiefraFba for signals and analysis

100%up

Well, BTC floats around $22K for weeks, nothing new here...

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