/USD plunged to a low of $27,169.57 to start the weekend, a day after trading at a high of $28,291.60.
Saturday’s drop in price resulted in bitcoin falling to its lowest point in roughly three and a half weeks.Looking at the chart, this latest downturn has pushed the 10-day moving average closer to a cross with its 25-day counterpart. In addition to this, the relative strength index is now tracking at 41.73, which is marginally higher than its long-term floor at 41.00.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $28,000 as Losses Intensify – Market Updates Bitcoin NewsBitcoin’s downturn continued on Friday, as prices fell for a third consecutive session, leading to a move below $28,000.
Source: BTCTN - 🏆 531. / 51 Read more »
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $29,000, Hitting a 10-Day Low – Market Updates Bitcoin NewsBitcoin dropped for a second consecutive session on Thursday, as price moved towards a key point of support. Ok perfect, I also listen to ChiefraFba for crypto signals and analysis! The potential of blockchain technology goes far beyond just cryptocurrency. We're just scratching the surface of what's possible. blockchain innovation decentralization A pattern buried in the coin’s recent swings suggests it could vault above that level again en route to a 7% short-term gain!! $BTC
Source: BTCTN - 🏆 531. / 51 Read more »