Bitcoin, Ethereum Technical Analysis: BTC Rallies to 1-Month High, as ETH Nears $1,300 – Market Updates Bitcoin News

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BTC hits 1-month high, as traders price in fall in U.S. inflation.

) rallied to a one-month high on Tuesday, as markets began to price in a fall in consumer prices in the United States./USD raced to an intraday peak of $17,457.30 earlier in today’s session.

This move saw the world’s largest cryptocurrency fly to its strongest point since November 11, when price was at a high of $17,645.As can be seen from the chart, today’s surge comes as the 14-day relative strength index moved beyond a ceiling of its own. The index climbed above a resistance level of 52.00 earlier in the day, and as of writing is tracking at 55.00.

Despite this afternoon’s report, we will likely see more volatility on Wednesday, as traders get ready for the upcoming U.S. Federal Reserve rate decision.

 

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It wasn't for long. Now I just want to keep actively spending usdt to buy cheap bitcoin

Hope the next day the price will high up. Thank you Bitcoin

I'm not counting on this pump though, will definitely put away some tether for later dumps

Gonna spend some more USDT on the dips then

Have you seen $XEP growth over the month, I can say, the next 10x gem for year 2023 will be $Xep ElectraProtocol

Still look awesome

Dope xD

Users first

You look good

Good, cool, I appreciate it

Sir rocks

Best time to mine for huge profits.. Dm and I teach you for free

Kinda meant to go the other way. Demonstrates that Bitcoin is still a pseudo Tech Stock.

We'll see if it will keep it that way or drop in a few days. That will say a lot.

Ok, I only listen to ChiefraFba for signals!

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower Ahead of US Inflation Data – Market Updates Bitcoin NewsBitcoin was trading under $17,000 to start the week, as markets prepared for a big week of economic announcements. This is why I only trust ChiefraFba for signals and analysis FACT Nice 👍
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