Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Bulls Return ...
Following a turbulent start to the week, bitcoin was back in the green on Tuesday, as the token climbed back above $20,000. The move saw prices race to their highest point in nearly two weeks, moving past a key resistance level in the process. Ethereum was also trading higher, as it neared the $1,400 level. Bitcoin Bitcoin (BTC) neared a two-week high on Tuesday, as the token rebounded following a recent bearish spell. Following a bottom of $19,006.11 to start the week, BTC/USD raced to an intraday peak of $20,294.34 on Tuesday. This is the highest point that the token has traded at since....
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Bitcoin started the week trading above $19,000, as bulls made a sluggish return to the token, following recent sell-offs. Ethereum also rallied on Monday, after a brief stint trading below $1,300. Overall, the global crypto market is down 1.19% as of writing.
Bitcoin
Bitcoin (BTC) was trading marginally higher on Monday, as bull began to return to crypto markets following recent sell-offs.
Following a low of $19,118.19 on Sunday, BTC/USD raced to an intraday high of $19,491.33 earlier in the day.
Monday’s move saw the world’s largest....
Bitcoin was back above $20,000 on Tuesday, as bulls seemingly moved in to buy following the recent dip in price. The token dropped to a multi-week low over the weekend, however prices have now risen in back-to-back sessions. Ethereum was also in the green, as prices briefly recaptured $1,600. Bitcoin Bitcoin (BTC) was trading higher for a second consecutive session, as the token rallied back above $20,000 following recent declines. BTC/USD dropped to a low of $19,600.79 on Sunday, however after two days of gains, prices reached a peak of $20,542.64 earlier today. This move sees bitcoin....
Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. With prices trading near resistance levels, bulls have pulled back, giving way to bears looking at re-entering the market. Bitcoin Bulls in BTC have also pulled back, as prices continue to hover close to recent resistance levels, with some fearing price reversals. Following a high above $48,100 earlier in the week, BTC/USD traded at an intraday low of $46,620.72 during today’s session. Bitcoin has climbed by as much as....
Following recent losses, BTC rallied on Tuesday, as bulls appeared to have returned to cryptocurrency markets. In addition to bitcoin, ETH also moved away from yesterday’s low below $2,900, with price now hovering close to $3,100. Bitcoin After several days of bearish pressure, cryptocurrency prices finally rallied on Tuesday, with BTC climbing back above $41,000. The world’s largest cryptocurrency was up by as much as 5% earlier in today’s session, rising to an intraday high of $41,146.89 in the process. Tuesday’s price surge comes following a bottom of....
Ethereum Price Key Highlights. Ethereum price just finished testing the downtrend line resistance visible on the 1-hour chart and is starting to gain additional momentum heading back south. The 50% Fibonacci retracement level held as resistance on the pullback, putting ethereum price back on track towards the previous lows at 0.00156BTC. Ethereum price is resuming its impulse wave on the ongoing downtrend, possibly gearing up to test the previous lows or establish new ones. New lows in sight? Technical indicators are reflecting a return in bearish pressure, which suggests that sellers....