Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound After Weekend Selloff – Market Updates Bitcoin News

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Bitcoin and ethereum prices rebounded on Monday, after declining throughout the weekend.

As the Russian invasion of Ukraine heightened, crypto traders appeared to take a risk-off approach this weekend, however some bulls seemed to return to start the week.Bitcoin ended two consecutive sessions of decline to start the week, as the world’s largest cryptocurrency seemed to have found its price floor.

/USD hit an intraday low of $37,268.98 earlier in today’s session, with prices now climbing towards resistance above $40,000.

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