Bitcoin, Ethereum Technical Analysis: BTC up to $30,000 to Start the Week – Market Updates Bitcoin News

So far today, we have seenToday’s peak comes following three consecutive days of gains, which began near the recent support point of $28,800.As a result of this bullish momentum, bitcoin broke out of its ceiling of $30,500, and as of writing is just marginally below this point.

Bulls who entered in the last few days are likely securing profits at this resistance point, which has often been a point of contention. The 14-day RSI is also currently tracking at a multi-week high of 46, and may move higher until it finds the next ceiling at 49.Ethereum also rose by almost 5% to start the week, however these gains were not enough to send prices over $2,000./USD raced to an intraday high of $1,909.92 earlier today.

These gains came as bulls held the recent support point at $1,750, and pushed prices back towards the $1,950 former floor.

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I don't think there's anything to prepare for yet. The market is bearish and will be so for a long time. It is a good time to buy USDT and invest a little, but constantly, in BTC.

Bitcoin will be much more stable in 25 years and be able to take its place as a true store of value as it will be a much more mature asset.

These news always age like milk, so don't even try lol

Feels so good to be early. Im safe with my usdt holdings.

Wait soon back to $28,000 don't worry 😂🤣😂🤣😂

Wheew!!! 🤩

Bitcoin always recover if you wait long enough, If there is any coin not to ever underrate then is BTC because the pump will always happen Guys Follow henryglxz There aren’t many who have a better understanding of value of investing, his tweets have been helpful.

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