Bitcoin, Ethereum Technical Analysis: BTC, ETH Below $20,000 and $1,600 Respectively, on Saturday – Market Updates Bitcoin News

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BTC, ETH drop below key price levels to start the weekend.

Following a high of $1,643.18 on Friday,This drop sees ethereum briefly break out out of its own support at $1,550 to start the weekend, as bearish sentiment in crypto returned.Earlier declines have now eased, as profit takers opted to abandon their positions as opposed to keeping trades open.

Although prices have since risen above the earlier floor, there are some who fear that further declines are ahead. Bears are likely looking towards a floor of $1,420 as a possible target, should volatility in markets remain geared to the downside.Tags in this story

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Everything will pass

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Bitcoin, Ethereum Technical Analysis: ETH Surges, Following Latest Jobs Report – Market Updates Bitcoin NewsEthereum was back above $1,600 on Friday, as markets reacted to the latest nonfarm payrolls report which came in at 315,000. Uquid's counterpart Near Protocol (NEAR) is showing some short-term bullish signs No news can make Bitcoin go anywhere. No bullish. No bearish. Bitcoin is sleeping like a baby I managed to make a good trade on bitfinex
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