Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 Again as Crypto Consolidation Extends – Market Updates Bitcoin News

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Bitcoin drops below $30,000 while ETH stays above $2,000.

Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 Again as Crypto Consolidation Extends

Bitcoin prices dropped during the hump-day session, as bulls were unable to maintain Tuesday’s gains. The world’s largest cryptocurrency once again fell below the $30,000 level, whilstFollowing a slight rally in price during Tuesday’s session, bearish sentiment returned to markets on Wednesday./USD drop to a bottom of $29,570.30, less than 24 hours after trading at a peak of $30,694.49.

Wednesday’s low sees a continuation of price consolidation, as traders continued to navigate through the current volatility within markets.As a result of today’s move, bitcoin is now moving closer to a support level of $28,800, with the 14-day RSI remaining deep in oversold territory. Looking at the chart, this indicator is currently tracking at 33.87, which is marginally below a ceiling of 35.

As discussed on Tuesday, it is unlikely that we will see an end to consolidation unless this level is firmly broken.

 

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Eth shitcoin will dump more than expected

I think that will change soon too

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Values are still rising.

ETH 1,998 🫣

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Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week – Market Updates Bitcoin NewsFollowing a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor. It is the time to buy some ,I have $7000 and I am bit confused what to buy $APE or $Shib bitcoin will not always fall, I'm waiting for its skyrocket soon. And keep investing usdt in it. BTC is scam pyramid scheme
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