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Bitcoin, Ethereum Technical Analysis: BTC Rebounds, as Bulls Reject Breakout of Key Support Level – Market Updates Bitcoin News

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BTC moves back above $23,000 as prices rebound.

/USD moved to a peak of $1,653.72 to start the day, which comes less than 24 hours after falling to a bottom at $1,611.32.

As a result of this surge, the world’s second largest cryptocurrency looks to be heading towards a ceiling at $1,670.One of the reasons behind this jump has also been the RSI, which failed to move below a floor at 58.00, and is now at a reading of 60.16. In addition to this, the 10-day moving average continues to be upward facing, which traders see as a bullish signal.

If this momentum persists, there is a strong possibility that ethereum could be trading close to $1,700 in upcoming days.Tags in this story

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Bitcoin to $25k 🧡

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30k incoming! 🧲

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Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week Low, Bullish Sentiment Fades on Monday – Market Updates Bitcoin NewsBitcoin fell to a seven-day low to start the week, as recent bullish momentum began to wear off in cryptocurrency markets. Well, it can't always go up. We just need to be patient. Good things will happen. Bitcoin $16.000 just one month ago. We are still bullish ⛏️ Well those profit takers ( aka weak handed panic sellers) have gotta get hold of that gas money to send their wives out to work somehow.
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