Bitcoin, Ethereum Technical Analysis: BTC Under $20,000 as ETH Sinks Below $1,400 on Friday – Market Updates Bitcoin News

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BTC moves below $20,000, as Silvergate collapse & nonfarm payrolls spook markets.

The plunge in price pushed bitcoin to its weakest point since January 13, when it bottomed out at $18,714.

Another catalyst of the sell-off was the 14-day relative strength index , which fell below a key floor at the 32.00 mark. At the time of writing, the index is tracking at 26.11, which is deep in oversold territory, and the lowest reading in price strength since November 9.) was also significantly lower in Friday’s session, with market volatility also higher due to this afternoon’s nonfarm payrolls report.

It is expected that 205,000 jobs were added to the U.S. economy last month, down from January’s 517,000 total. The decline could act as an overall positive, as the Federal Reserve could hike rates less aggressively depending on the result.

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I bought more cheap bitcoin in ownr and waiting for growth

The fall in the price of Silvergate's non-agricultural wage cut has nothing to do with the price of Bitcoin. So this is a game and lie and rumor to lower the price for Bitcoin. Do not believe and do not be deceived.btc up to price 25000$.

BTC CRUSH DESTINATION 8k/9k Wise people realize that only fools are investing

Thank God, cheep sats!

Stockmarkets Nasdaq DowJones still not matured beside 100 yrs in this field. Only on expectations sell off is very bad practice in markets.Must need little patience & trust.See the politicalpersons not worried of inflation or ratehikes Full enjoyment,UK nytimes crypto

Time to start buying...

I think it's not just caused by these reasons, there are too many unknowns in the market

Well, it was fun as long as it was! Crypto is definitely dead 💀 I feel sorry for all those who lost their money! 😔

Made another btc purchase in ownr wallet, nice

Many people are panicking.

Panic mode is activated

Yikes!

It is huge opportunity to get in while you still can

It is normal to go up and down, and what is lost will eventually come back.

Perfect, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

Brilliant, but using ChiefraFba for signals and analysis

Another day for btc

Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months

No worries. It will also go up.. Bitcoin BNB Crypto btc

New FUD

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GBTC discount narrows, bitcoin trades above $22,000 as Silvergate leads drop in stocksCrypto prices sank while GBTC continued to benefit from what some perceived as a positive day in court.
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Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist – Bitcoin News'Silvergate believes an orderly wind down of bank operations and a voluntary liquidation of the bank is the best path forward,” the bank said. SilvergateBank Crypto Totally agree, but I only use ChiefraFba for signals and analysis Bear market still taking it's victims, but the space will be cleaner and stronger after this.
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