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

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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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