Bitcoin, Ethereum Technical Analysis: BTC Briefly Moves Back Above $20,000 During Volatile Day of Trading – Market Updates Bitcoin News

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Bitcoin prices volatile following latest inflation figures.

Bitcoin, Ethereum Technical Analysis: BTC Briefly Moves Back Above $20,000 During Volatile Day of Trading

Following this drop, the world’s largest crypto token climbed, hitting a peak of $20,361.12 earlier in the day. Like on Wednesday, the 14-day RSI remains below resistance of 41.80, and this looks to be the main obstacle preventing prices from a sustained breakout.also had to battle market volatility on Thursday, as prices came within a stone’s throw of falling below $1,000.

Since breaking above this $1,100 threshold, earlier bulls have turned bearish, with prices now trading close to $1,080.Like bitcoin, the price uncertainty is being heightened by the lack of direction in momentum, with both the 10-day and 25-day moving averages trending sideways, despite a recent, marginal crossover.

 

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How long do you think it'll be ranging from $18k - $22k? BTC Bitcoin

gk jd ke 10k..

Still on volatility!! paw

Yah $PAW

The volatility of crypto is a feature, not a defect. As soon as investors understand that, they can use it to their advantage. 👌🏽

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