Bitcoin, Ethereum Technical Analysis: BTC Below $16,000 Amid Increased Market Volatility – Market Updates Bitcoin News

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BTC below $16,000, ETH nears $1,100 breakout on Monday.

Bears seem to be targeting a floor of $1,100, however traders have so far rejected this proposition, with the token bouncing, and it is now trading at $1,120.26.

As can be seen on the chart, Monday’s drop in price coincided with the RSI breaking out of its own floor at 37.75, and it is now at 34.61. The momentum of the 10-day moving average has once again shifted, with the trendline suggesting that further declines could be on the way.Tags in this story

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It could be higher

Time to spend my Tether on the dips.

I feel like I shouldn't buy just yet, will keep my usdt for a little longer and watch carefully

must check

UPDATE:

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unfi coin is preparing for a big shit

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If this decline continues, we could see Bitcoin bears attempting to push the coin towards the $15,600 floor.

JUST IN

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UPDATE:

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Appreciate you sharing :)

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Thankss a millon

IMPORTANT:

IMPORTANT:

Whyy is everybodyy silent on thiss?

JUST IN

How comee everybodyy is silent on thiss

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