Bitcoin drops below $30,000 while ETH stays above $2,000.
Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 Again as Crypto Consolidation Extends
Bitcoin prices dropped during the hump-day session, as bulls were unable to maintain Tuesday’s gains. The world’s largest cryptocurrency once again fell below the $30,000 level, whilstFollowing a slight rally in price during Tuesday’s session, bearish sentiment returned to markets on Wednesday./USD drop to a bottom of $29,570.30, less than 24 hours after trading at a peak of $30,694.49.
Wednesday’s low sees a continuation of price consolidation, as traders continued to navigate through the current volatility within markets.As a result of today’s move, bitcoin is now moving closer to a support level of $28,800, with the 14-day RSI remaining deep in oversold territory. Looking at the chart, this indicator is currently tracking at 33.87, which is marginally below a ceiling of 35.
As discussed on Tuesday, it is unlikely that we will see an end to consolidation unless this level is firmly broken.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week – Market Updates Bitcoin NewsFollowing a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor.
Baca lebih lajut »
Bitcoin Stalls at $30K, Ethereum Struggles to Remain Above $2K (Market Watch)Bitcoin has slipped below $30,000, while Ethereum is fighting to remain above $2,000. Most of the market is slightly in the red.
Baca lebih lajut »
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,000, While BTC Recaptures $30K Level – Market Updates Bitcoin NewsBTC moved away from Monday’s lows to surge above $30,000 on Tuesday, as crypto bulls pushed prices higher.
Baca lebih lajut »
44 Central Banks to Attend Bitcoin Gathering in El SalvadorA tectonic shift may be happening in the forgotten world as 44 central bankers are to attend the Bitcoin Gathering in El Salvador.
Baca lebih lajut »
Fear & Greed Index hits lowest since March 2020 even as Bitcoin price hits $30.5KThe price is up, but so is fear. Bitcoin returned to $30,500 while the Crypto Fear & Greed hit 8/100, its lowest value since March 28, 2020. (Reporting via WilliamSuberg)
Baca lebih lajut »
Why the Hottest News at Bitcoin 2022 Was Not About Bitcoin | HackerNoonThis year’s Bitcoin 2022 in Miami came after the legalization of Bitcoin in El Salvador in September last year bringing the announcement of Shopify integration
Baca lebih lajut »