Bitcoin, Ethereum Technical Analysis: BTC Slips to Its Lowest Point Since December 2020 – Market Updates Bitcoin News

/USD slipped to an intraday low of $26,350.49 earlier today, less than 24 hours after trading at a peak of $31,868.30.

Today’s bottom is the lowest level bitcoin has hit since December 2020, as markets went on to climb above $30,000 for the first time.This latest wave of crypto bears comes as LUNA dropped even further over the last day, with the price now below $0.10.also lost its parity with the dollar today, leading to even more volatility in crypto markets, with traders running to liquidate their positions.

Looking at the chart, the 14-day RSI is now at 23, which is still close to a five-month low. However, bears could still attempt to push this towards a floor of 19.also fell during today’s slump, as bearish pressure pushed the world’s second-largest cryptocurrency below $2,000./USD sank to an intraday low of $1,748.30 on Thursday.

As a result of this sell-off, the price is now down 18% today, hitting a bottom not seen since March last year.

I keep spending usdt to buy. I think bitcoin will stay in this range for a long time.

Биткоин всего был, есть и будет номером 1 в крипте. Думаю такое спад лишь временное явление. Ожидаем роста и закупаемся по халявной цене 😍

If I had known about black swan Terra, then I would have saved some usdt to buy these discounts.

Why falling down day by day

If more people sell next, the price of Bitcoin will continue to fall

💥 the end of crypto!

12k welcome, something is behind this. Governments are cheeky bastards

How to start crypto journey

I hope the crypto market can hold on to this bear market shock and everyone can always believe in the crypto market

Sharing this usefulness with you guys!

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