Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, Coinbase Confirms Holding 2 Million BTC – Market Updates Bitcoin News

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BTC back above $16,000 as Coinbase confirms holding $39.9 billion worth of bitcoin.

/USD raced to a peak of $1,175.13 on Wednesday, which comes less than 24 hours after hitting a low of $1,096.66.

Today’s rally led to ethereum moving past a key resistance level of $1,170, hitting its highest point since Sunday in the process.Since this collision, market uncertainty has increased, with the world’s second largest token now trading below earlier highs. This comes as the RSI also hit a wall, with the index currently tracking at 40.26, which is marginally below a ceiling of 40.30.

Bulls are likely targeting a reentry on the $1,200 zone, however price strength will first need to overcome this current obstacle.Tags in this story

 

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I managed to open a long on bitfinex in time and am waiting for the growth to continue

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Thats nice

Thats nice!

Thats nice!!

BNB

Thats nice!!

glad to see that crypto is bouncing back. Let's hope that its the beginning of a recovery

FACT

More like the squeeze on the shorts more pain to come …

FACT

BNB

I'm happy to see it, but I'm sure Bitcoin will drop below 15k usdt anyway.

Thats nice

Thats nice!!

Thats nice!

Thats nice

Thats nice

BNB

BNB

BNB

That’s a win in our books! Considering the current status of the crypto market

Thats nice!!

Thats nice!!

Thats nice

Thats nice

BTC showing its usual strength and resilience.

FACT

For their clients.

Congratulations all who bought BTC under 16^ including me. Bought some with my USDT.

SupportCoinbase ✊

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Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm’s ‘Financials Are Public’ – Bitcoin NewsThe news Coinbase CEO Brian Armstrong shared comes at a time when the public is looking directly at exchange balances following FTX’s turbulent collapse. Gemini planned this to trap our funds, they must have gotten a handsome cut, now Genesis declaring bankruptcy to get off the hook deCENTRALIZED Coinbase is moving to be rekt in near time
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Bitcoin, Ethereum Technical Analysis: BTC Below $16,000 Amid Increased Market Volatility – Market Updates Bitcoin NewsBitcoin slipped below $16,000 on Nov. 21, as markets continued to react to the news that the FTX contagion had impacted yet another firm. IMPORTANT: IMPORTANT: Whyy is everybodyy silent on thiss?
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