Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower on Saturday, as Bears Re...

Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower on Saturday, as Bears Re...

Bearish sentiment returned to cryptocurrency markets on Saturday, as bitcoin was once again in the red. The world’s largest token moved lower to start the weekend, following yesterday’s surge towards $20,000. Ethereum was also down today, falling below $1,300 in the process. Bitcoin Bitcoin (BTC) was in the red to start the weekend, as bearish sentiment returned to cryptocurrency markets. BTC was higher on Friday, as market uncertainty eased, following the latest U.S. inflation report, however it seems as though this turbulence has returned this weekend. As a result, BTC/USD....


Related News

Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Sag...

In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reported that a hack on FTX had taken place. Ethereum also moved lower today, as the token remained below $1,300. Bitcoin Bitcoin (BTC) was back below $17,000 to start the weekend, as markets reacted to the latest news surrounding FTX. It was reported that FTX had suffered a hack, which saw $600 million withdrawn from the collapsing platform. In a week which has been dominated with FTX related news,....

Bitcoin, Ethereum Technical Analysis: BTC Drops Below $29,000 to Start the We...

Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell below $29,000, whilst ETH continues to move lower, and now hovers around $1,750. Bitcoin Following a brief rebound on Friday, BTC once again moved lower, with prices falling under the $29,000 mark to start the weekend. Yesterday saw BTC/USD hit an intraday peak of $29,335.03, however with bears re-entering the market, prices fell to a low of $28,326.61 earlier today. Today’s move sees bitcoin fall below its current support level of $28,800, and....

Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000, BTC Down 6% to S...

Following a strong rebound on Friday, crypto prices moved back into the red today, with BTC falling below $30,000 to start the weekend. ETH also moved lower, as its own price slipped below the $2,000 level during Saturday’s session. Bitcoin On Saturday, bitcoin’s price fell below $30,000, as crypto bears returned to action to start the weekend. Following a rise of nearly 10% during Friday’s session, BTC/USD fell to an intraday low of $28,860.79 earlier today. Saturday’s decline comes after prices hit a peak of $30,924.80 yesterday, as LUNA appeared to have....

Bitcoin, Ethereum Technical Analysis: Crypto Bears Keep BTC Below $30,000

Bitcoin was lower for a second consecutive session, as bears maintained recent pressure on crypto markets. This pressure also saw ETH move lower, as it continued to trade under $2,000 during hump-day. Bitcoin The world’s largest cryptocurrency once again traded below $30,000, as bears continue to maintain a chokehold on prices. As of writing, BTC/USD is trading at $29,502.71, which is roughly 1% higher than yesterday’s low of $28,786.59. Wednesday’s movement in bitcoin is ultimately a continuation of yesterday’s move, with prices now consolidating at its....

Bitcoin, Ethereum Technical Analysis: ETH Remains Close to 6-Week Low to Star...

Following a recent string of declines, ETH continued to hover close to a six-week low to start the weekend. BTC was also lower on Saturday, as the world’s largest cryptocurrency remained closer to a two-month low. Bitcoin BTC was once again trading lower on Saturday, as prices were battling to find a floor following Friday’s selloff. After hitting an intraday low of $35,482.13 during yesterday’s session, BTC/USD was marginally higher, but still close to its two-month low. Today’s session has so far seen BTC rise to a peak of....