BTC nears support level of $18,800 to start the weekend. Ethereum has now fallen to a low of $1,033.96 on Saturday, which is marginally below its $1,050 floor.
Following a high of $19,590.12 on Friday,This move sees bitcoin hover slightly above its recent support point at $18,800, which was hit earlier in the week.Despite three recent moves below this level, breakouts have been mainly false, however bears could be set to attempt a more sustained drop in upcoming days.
Should we see a move below this point, the $17,500 mark will likely be the price target for those shorting the token. In order to get there, relative strength would need to move below its own floor, with the 27.5 level on the RSI indicator acting as point of support.bear’s were also pressuring prices to start the weekend, as the token continued to hover slightly above the $1,000 level./USD has now fallen to a low of $1,033.96 on Saturday, which is marginally below its $1,050 floor.