Bitcoin moved beyond $40,000, with Ethereum climbing over the $3,000 to start the weekend.
/USD hit an intraday high of $41,729.43 during Saturday’s session, as markets continue to react to yesterday’s Non-farm payrolls report.
The move came following bitcoin’s 14-day RSI finally moving past its recent hurdle of 40, which was held for most of the year. As of writing, the RSI is currently tracking at 55.67, which is its highest level since November 15, when prices were trading above $60,000.The move has brought the 10-day and 25-day moving averages closer together, however, a cross still hasn’t transpired.
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