Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD – Market Updates Bitcoin News

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BTC, ETH prices fall against USD

Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent market sentiment./USD fell below $43,000 during today’s session, and is down by over 3% as of writing.hit an intraday low of $42,685.75, sending prices closer to recent support at $41,765.

This drop in price comes as the Relative Strength Index of 14-days fell below its floor of 56, and is currently tracking at 53.10.In addition to the decline in price strength, the shorter term moving average of 10-days , is trending downward for the first time since January 30.being down 3.33% in the last seven days, history shows us that the closer we get to support, bulls will likely be waiting to buy the dip.

 

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