Bitcoin, Ethereum Technical Analysis: BTC Begins the Weekend in Bearish Territory – Market Updates Bitcoin News

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BTC, ETH start the weekend lower, as bearish sentiment remains on Saturday.

As a result of this move the token has been largely unchanged in the last week, with price up 0.87% in the last seven days. Ethereum was also lower to start the weekend.) fell below $20,000 to start the weekend, as bearish sentiment returned following a brief rally late on Friday.

Following the release of the University of Michigan Consumer Sentiment report for September, which showed improvement from the previous month,However on Saturday, the token slipped to an intraday low of $19,238.12, falling below its floor of $19,300 in the process.Looking at the chart, the move comes as the 14-day relative strength index continues to move away from its ceiling at 49.00.

As of writing, the index is tracking at 45.45, which is close to another support point near the 44.00 region. Should this floor hold firm, there is a strong possibility that we could see a rebound, with bitcoin bulls not only taking price back to $20,000, but potentially above this point.

 

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I continue to actively spend usdt to buy both projects

Just wait for it to drop more on the second week of October though.

Just a good news to spend a small pile of usdt for another btc purchase

Crypto supposed to be fun..But it’s okay I’m used to crying and holding on finex.

Cool. Its right time to me to buy on Ownr wallet

TL;DR Bitcoin prices fell close to a key support point on Saturday, but Ethereum was also lower. ETH's 14-day RSI is consolidating. Eliman believes ETH will break out of its range this weekend, but only once the RSI indicator breaks out of its current ceiling.

btc

So far, I’m holding both on bfx.

yea!

Really, I only listen to ChiefraFba for signals and analysis

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