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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Losses to Start the Weekend – Market Updates Bitcoin News

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BTC consolidates to start the weekend, following Friday's red wave.

Following yesterday’s low of $22,213.24,The move sees bitcoin move back above a long-term support point at $22,300, following Friday’s breakout.Additionally, the 14-day relative strength index has also appeared to have found a floor, which has helped ease the decline in price strength.

At the time of writing, the index is tracking at 42.89, which is marginally above the support point at 42.00 One area of concern for aspiring bulls is the imminent downward crossover of the 10-day and 25-day moving averages, which could be a signal to future declines.

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 /  🏆 531. in JP
 

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bitcoin

I think there will be another red day....

Bitmeta Best All bi coin 🚨🚨🚨

Considering adding few more coins to my Ownr wallet, hope no more fall backs

How to consolidate?

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets – Market Updates Bitcoin NewsBitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. Gonna keep adding ETH to my Ownr wallet This literally means nothing. My coins have sprinted back since the drop. It’s called a dip. Crypto ain’t gonna go anywhere
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