Bitcoin, Ethereum Technical Analysis: BTC Moves Below $27,000, Following CFTC Suit Against Binance – Market Updates Bitcoin News

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BTC falls to 11-day low, as CFTC issues lawsuit against Binance.

Following a high of $1,797.88 on Monday,Similar to bitcoin, this decline sent ethereum to its weakest point since March 17, when prices fell to a floor at $1,666.The drop comes following a drop in price strength, which saw the RSI move to its lowest level in two weeks.

As of writing, the index has now bounced back from this floor at 51.00, and is currently tracking at 54.50.Register your email here to get weekly price analysis updates sent to your inbox:

 

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CFTC must fuck off somewhere else! Binance is not someone's comrade

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