Bitcoin, Ethereum Technical Analysis: Bitcoin Moves Higher as Crypto Markets Rebound on Saturday – Market Updates Bitcoin News

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Bitcoin and Ethereum both rebounded strongly to start the weekend, as crypto markets traded higher.

The world’s largest cryptocurrency regained some upward momentum on Saturday, as bitcoin bulls appeared to have re-entered the race./USD rose to an intraday high of $37,952.88 on Saturday, following a low of $36,211.11 earlier in the session.

Today’s rally comes as bitcoin appears to have broken above the key RSI level of 30, and now tracks north of 35 on the indicator./USD to the $40,000 resistance level.

 

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