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

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BTC falls below $30,000 to start the weekend, while ETH is above $2,000.

started the week trading below $30,000 following a volatile weekend of trading, which saw prices mainly consolidate./USD fell to an intraday low of $29,412.58 on Monday.

Today’s low has seen prices approach the long-term support level of $28,800, following a rebound from this point on Saturday.Overall, price strength continues to hover in oversold territory, with the 14-day relative strength index tracking at 32.44. This is below a resistance level of 36.40, which was held on Sunday, leading to today’s selloff, as bears re-entered the market.

Should this momentum continue, we will likely see the price floor of $28,800 hit, with a chance of a potential breakout towards $25,000.The world’s second largest cryptocurrency also started the week lower, however, it was able to stabilize above the $2,000 level for most of the session. /USD dropped to a bottom of $2,000.09 on Monday, which is around 3.27% lower than yesterday’s peak of $2,147.19

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bitcoin will not always fall, I'm waiting for its skyrocket soon. And keep investing usdt in it.

It is the time to buy some ,I have $7000 and I am bit confused what to buy $APE or $Shib

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