/USD plunged to a low of $27,169.57 to start the weekend, a day after trading at a high of $28,291.60.
Saturday’s drop in price resulted in bitcoin falling to its lowest point in roughly three and a half weeks.Looking at the chart, this latest downturn has pushed the 10-day moving average closer to a cross with its 25-day counterpart. In addition to this, the relative strength index is now tracking at 41.73, which is marginally higher than its long-term floor at 41.00.
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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $28,000 as Losses Intensify – Market Updates Bitcoin NewsBitcoin’s downturn continued on Friday, as prices fell for a third consecutive session, leading to a move below $28,000.
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Bitcoin, Ethereum Technical Analysis: BTC Moves Below $29,000, Hitting a 10-Day Low – Market Updates Bitcoin NewsBitcoin dropped for a second consecutive session on Thursday, as price moved towards a key point of support. Ok perfect, I also listen to ChiefraFba for crypto signals and analysis! The potential of blockchain technology goes far beyond just cryptocurrency. We're just scratching the surface of what's possible. blockchain innovation decentralization A pattern buried in the coin’s recent swings suggests it could vault above that level again en route to a 7% short-term gain!! $BTC
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