Bitcoin, Ethereum Technical Analysis: BTC Hits $27,000, Securing Fresh 9-Month High – Market Updates Bitcoin News

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BTC surges above $27,000, hitting its highest point since June 2022.

) rose back above $27,000 in today’s session, as markets reacted to the Federal Reserve’s decision to pump liquidity into the U.S. economy./USD raced to an intraday peak of $27,002.39 earlier in the day.

As a result of the move, bitcoin climbed to its strongest point since June 2022, when price was above $28,500.Since this latest rally, the 10-day moving average is now on the verge of an upwards crossover with its 25-day counterpart, which many see as a sign of a longer-term bull run. In addition to this, the 14-day relative strength index has broken out of a resistance level at 67.00, moving into overbought territory in the process.

At the time of writing, the index is tracking at 70.09, which is the strongest reading for the index since early February.

 

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Shocking to think that this solitary strange man is on a bizarre crusade to push the mighty USA to the back of the queue in the new financial paradigm surging in growth around the world. All to protect a couple of troglodytes like Buffet and Munger Truly shocking garygensler

Lovely

Come back down please 20k so I can buy more 😂

I am not giving you my Mustang for a Bitcoin. It is not worth a Mustang.

That's good news! Will we see $30K this month?

Let go forward

Nice. Chances of seeing $30 in March are increasing.

And how many of you have?

If it falls it must hit the sky lke lightning

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