Bitcoin, Ethereum Technical Analysis: BTC Moves Below $30,000 on Monday, as US Dollar Rallies – Market Updates Bitcoin News

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BTC falls below $30,000 to start the week, as USD strengthens.

Following a high of $2,137.45 on Sunday,Monday’s decline sees the world’s second largest cryptocurrency drop from a recent 11-month high.

Similar to bitcoin, this decline coincided with the 14-day RSI failing to break out of a ceiling, and in this instance it was at the 75.00 mark.remains close to the $2,100 mark, helped by the fact the index is still above its floor at 69.00Register your email here to get weekly price analysis updates sent to your inbox:

 

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Go short til 25-27k IMO.

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