Bitcoin, Ethereum Technical Analysis: BTC Drops Below $29,000 to Start the Weekend – Market Updates Bitcoin News

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Bitcoin, ETH start the weekend trading below key price levels.

Many now believe that after bearish stints in April and May, we might have seen the worst of the selling in crypto, with a potential for a slight rebound in June.

The 14-day RSI is currently tracking at a floor of 35. Should this break we could see some more downward declines until bulls decide to really recapture the market sentiment.dropped for a fourth consecutive session, as bears refused to give way to any incoming bulls, who attempted to stabilize prices.has dropped to a low of $1,721.26, which is its weakest point since May 12, and comes as yet another floor is broken.

 

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I expect another dip or even crash, I'd rather not buy but put away some more usdt or fiat to buy the next bottom

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Those fo-olish donnkeys (big whales and fish) who are still looking for the bottom will be f - a -ked in one night when Bitcoing pumps quickly to 37k

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