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Bitcoin, Ethereum Technical Analysis: More Crypto Price Uncertainty Heading Into the Weekend – Market Updates Bitcoin News

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Bitcoin prices hovered marginally below the $40,000 level, as volatility in crypto extended into Friday.

Bitcoin, Ethereum Technical Analysis: More Crypto Price Uncertainty Heading Into the Weekend

Bitcoin consolidated on Friday, as prices hovered marginally below the $40,000 level. This comes following a volatile day of trading in whichBitcoin Bitcoin continued to trade at high levels of uncertainty on Friday, following a volatile few sessions for the world’s largest cryptocurrency./USD started the day around the $39,300 region, before falling to an intraday low of $38,347.43, which then was followed by a high of $40,081.68.

As of writing, bitcoin is now slightly above its price at the start of the day, and is tracking at $39,447.64.Price volatility has heightened in recent days following the news of U.S. President Joe Biden’s executive order, with the Russian invasion of Ukraine also creating uneasy market conditions for traders.

Looking at the moving averages, both the 10-day and 25-day moving averages continued to intertwine with one another, without showing any clear directional path.Ethereum

 

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Just borrow USDT for now. Unstable situation for trading

Just borrow usdt for now. Unstable situation for trading

The news of U.S. tariffs, price volatility has risen in recent days. The Russian invasion of Ukraine, combined with President Joe Biden's executive order, has created unsettling market circumstances for traders.

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I think all the holders used to BTC volatility, i see only opportunities to spend my usdt.

I think that now bitcoin and the entire crypto market will begin to recover. It is important for me that the price starts to rise.

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I see Bitcoin as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. You guys should Follow daves_mor he knows his stuff when it comes to BTC and other Cryptos, his tweet have been really helpful over the years

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