Bitcoin, Ethereum Technical Analysis: BTC Slips Below $19,000 Following Yeste...
Bitcoin fell below $19,000 on Wednesday, as the token failed to break out of a key resistance level during yesterday’s session. As a result of today’s sell-off, prices are now at their lowest point since June. Ethereum also declined, as bullish sentiment surrounding The Merge faded. Bitcoin Bitcoin (BTC) fell to its lowest level since June earlier in today’s session, a day after the token failed to break out of a key resistance point. Following a peak of $20,155.27 on Tuesday, BTC/USD dropped to an intraday low of $18,644.47 on hump day. The move saw bitcoin fall to....
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Ethereum price ETH declined further to create a new low versus the US Dollar. Can it continue to move down in the short term? Key Highlights. ETH price continued its downward move against the US Dollar and created a new low as forecasted yesterday. This week’s long followed bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is still active and acting as a resistance. The price action is not shaping up well, which means it may be the right time for sellers to step back. Ethereum Price Decline. Ethereum price ETH is in a downtrend versus the US Dollar as it can be....
BTC fell to its lowest level since last July, as prices dropped below $33,000 to start the week. The selloff in cryptocurrency started last week, following the Fed’s decision to hike interest rates by 0.5%. In addition to bitcoin, ETH hit a two-month low as a result of the red wave. Bitcoin Bitcoin slipped to a ten-month low to start the trading week, as a red wave continued to sweep the cryptocurrency market. Following five consecutive days of declines, BTC/USD dropped to an intraday low of $32,813.31 on Monday. Today’s bottom is the lowest level prices have traded since....
Bitcoin fell below $30,000 for the second time this week, however today’s plunge saw prices fall to their lowest level since December 2020. BTC hit a low around $26,000 on Thursday, whilst ETH moved below $2,000 for the first time in over a year. Bitcoin Following a slight rally on Wednesday, BTC fell back into the red on Thursday, as crypto bears continued to run rampant on markets. BTC/USD slipped to an intraday low of $26,350.49 earlier today, less than 24 hours after trading at a peak of $31,868.30. Today’s bottom is the lowest level bitcoin has hit since December 2020,....
Bitcoin fell below $20,000 on Saturday, as the sell-off in cryptocurrency markets continued to start the weekend. ETH was also trading below a key level, as prices fell below $1,000 for the first time in over 18 months. Bitcoin Bitcoin fell below $20,000 on Saturday, as bearish momentum extended entering the weekend. Despite the best effort of bulls to hold the line, the recent price support of $20,200 finally gave way earlier today. As a result of this, BTC/USD fell to an intraday low of $18,905.98 earlier in today’s session, which is the lowest level BTC has traded since December....
Following a brief rally on Tuesday, BTC once again dropped below the $40,000 level during today’s session. Wednesday’s selloff has seen prices fall by as much as 4%, whilst ETH also declined by the same amount. Bitcoin The world’s largest cryptocurrency moved lower on Wednesday, following a brief rally during yesterday’s trading session. Following a peak of $40,330.46 on Tuesday, BTC/USD slipped to an intraday bottom of $37,884.99 on hump-day. This latest low sees BTC continue to trade near its $37,700 support level, and close to a recent one-month low. Since....