Bitcoin, Ethereum Technical Analysis: BTC Nears $17,000 Ahead of Christmas Day – Market Updates Bitcoin News

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BTC edges closer to $17,000, as crypto markets consolidate on Christmas Eve.

Following a low of $1,216.34 on Friday,As a result of today’s move, ethereum once again attempted to break out of a key ceiling at the $1,230 level.Looking at the chart, the breakout did not occur, mainly due to the RSI also remaining below a ceiling of its own at 47.50.

As of writing, the index is tracking at 47.12, with momentum appearing to be bearish as a result of the direction of moving averages . The 10-day MA extended its downward cross with its 25-day counterpart, which typically is a sign of price declines.Tags in this story

 

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Dca and don’t get rekt

It's been around 17k for 6 weeks.. NOT NEWS. DON'T CLOG OUR FEEDS WITH THIS BS or be unfollowed

I would actually go short at 17k on my Bfx app

Already see the bottom, time to pack my Ownr wallet

Bitcoin has brought wealth to many people and now it is sick but no one is out to treat it🥺

Trash

The next stop I'm waiting for on Finex is 14k

The moment this old man finally shut the fuck up is the moment crypto finally breathes. Coincidence? I don't think so.

Merry Christmas Eve

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