BTC retreats below $24,000, as ETH nears move under $1,700.
/USD rallied to an intraday peak of $24,203.69 on Monday, however it dropped to a bottom of $23,372.91 earlier today.
Today’s low, which saw bitcoin fall by nearly $1,000 in the past 24 hours, came as prices collided with a key ceiling.As can be seen from the chart, this ceiling was at the $24,200 level, which was last hit on the last day of July.rallied to as high as $24,600, before swiftly declining below the point of resistance.
The latest decline comes as the 10-day moving average moved closer to a downward crossover with its 25-day counterpart, which often signals an upcoming downtrend.
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