Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Bulls Return to Crypto Markets – Market Updates Bitcoin News

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BTC moves back above $20,000 as token nears a 2-week high.

/USD rose to a high of $1,395.31 earlier in the day, which is the highest point the token has hit in the last five days.

The move came following a breakout of a recent resistance of $1,335, with the RSI also moving past a ceiling of its own.In this instance it was the 39.50 point, which had been a major obstacle to prices rising over the past week. As of writing, the index is tracking at 45.00, which is yet another point of resistance, however, bulls have so far maintained their positions, despite the increased uncertainty.

Many expect ethereum to surge past the $1,400 mark at some point in today’s session, with the $1,410 level a possible exit point.Tags in this story

 

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Already moved back below 19k. I wonder if we go 17k though, I need to spend my usdt

Its a bull trap. Its going to dump in the next few days.

Aaaand, it's gone

There are chances it’s gonna crash 💥

Holding even more bullishly on Bitfinex now.

btc seems to be delinked with market news! whether its good or bad , i will sit at 20k! let margin buyers keep paying interest!

Do you guys think it will last?

lets go BTC !

It broke its resistance level of $20,250 on Sept 14. Major spike above the 20-23K limits requires a smoother international panorama.

Good. I had a chance to buy some on Ownr wallet before

Another trap, I'm staying into usdt again

This is temporary, my target is 75000🤑🤑🤑🤑

Hammer 🔨 📉 📈 🔨 time

The little dip you are freaking out over will be totally irrelevant in 5 years when bitcoin is at 500k I recommend you follow 7hodl, she’s always available during ups and down, her tweets, TA, predictions & tips are so accurate, I’ve been doing superb Follow her crypto

🚀Thankss a millon

Really, I only listen to ChiefraFba for signals and analysis

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