Bitcoin, Ethereum Technical Analysis: BTC Moves Above $17,000 on Wednesday – Market Updates Bitcoin News

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BTC above $17,000, ETH heads towards $1,300 on Wednesday.

/USD hit a peak of $1,276.55 earlier in today’s session, which comes less than 24-hours after trading at a low of $1,205.78.

As a result of today’s gains, the world’s second largest cryptocurrency hit its highest point since November 15.Looking at the chart, the move has pushed the 10-day moving average closer to its 25-day counterpart, with an upward crossover imminent. In addition to this, the RSI is now tracking at 51.27, which is above a key resistance level at the 50.00 mark.bulls appears to be the $1,300 level, which was last hit on November 11, when the coin was at a peak of $1,307.Tags in this story

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I regularly spend usdt to buy these fundamental projects

I'd say it's not a takeoff yet, I'm definitely leaving some usdt unspent just in case

while everyone is celebrating the end of a cryptowinter ... who knows...maybe they are right?!

🌵🌷🏉💇🪞

Time to pack my Ownr wallet with crypto the wind has changed

Why is the mediaa keeping this a secret

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Wonderful!! 🤩 Moving just as was predicted. Gaining massively from crypto is never a gamble but knowing the topmost secrets in the crypto space.

Ok, I only listen to ChiefraFba for signals!

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