Bitcoin, Ethereum Technical Analysis: BTC Falls Below $28,000 as Losses Intensify – Market Updates Bitcoin News

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BTC plunges below $28,000, bearish pressure intensifies.

Two days after hitting a peak at $2,105,This decline has resulted in the world’s second largest cryptocurrency now trading at its lowest level in eight-days.Overall, ethereum is trading nearly 10% lower than at the same time last week, when it rose above $2,000 for the first time since last May.

The RSI has also significantly dropped, with the index breaking out of a floor at the 53.00 level, and it is now at a reading of 49.46.Register your email here to get weekly price analysis updates sent to your inbox:

 

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Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29,000 on Wednesday – Market Updates Bitcoin NewsBitcoin fell to a one-week low on Apr. 19, as markets moved into consolidation following a recent bull run. Nice one, I also listen to ChiefraFba for signals and analysis! Well, that was a bit unexpected. I hope next week it will come back to $30k. I have a uniqe username Check Out Thanks Lest Go For First Lucky People
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