Bitcoin, Ethereum Technical Analysis: BTC, ETH Begin Weekend Close to Key Res...
Bitcoin and ethereum began the weekend trading close to key resistance levels, as crypto markets continued to sustain recent gains. Overall, the global cryptocurrency market cap was marginally higher on Saturday, as traders prepared for this weekend’s session. Bitcoin BTC is currently trading 6% higher than at the beginning of the week, this coming as prices rallied to multi-week highs. On Saturday, BTC/USD hovered marginally below its resistance of $45,050, as prices rose to an intraday high of $44,999.49. Following four consecutive days of gains,....
Related News
ETH rose to its highest level since the start of January to begin the weekend, as prices rose following yesterday’s consolidation. BTC also rallied, however remains below this week’s high of over $48,000.
Bitcoin
Although BTC started the weekend trading below this week’s high of $48,278, bulls looked to recapture this level, by moving away from Friday’s lows.
Following the nonfarm payrolls report, BTC fell to a low of $44,846.26 on Friday, however to start the weekend, prices rose to a high of $47,028.28 on Saturday.
This move....
Bitcoin and ethereum were both higher to start the weekend, as markets seem to have discounted recent volatility. BTC momentarily passed the $40,000 level, with ETH moving towards $2,800. Bitcoin As of writing, cryptocurrency markets are up by over 3% on Saturday, with bitcoin trading close to 1% higher to start the weekend. This comes following a low of $38,416.53 yesterday, with BTC/USD hitting an intraday high of $40,005.35 earlier in today’s session. Saturday’s move sees BTC break beyond the key $40,000 level, however the move did not last, as profit takers likely closed....
Following a brief rally above $20,000 and $1,600 respectively, bitcoin and ethereum fell below these levels to start the weekend. The decline comes as momentum surrounding yesterday’s nonfarm payrolls report faded. Bitcoin moved closer to its support point of $20,500, while ethereum was trading close to its floor of $1,550. Bitcoin Bitcoin (BTC) was back below $20,000 to start the weekend, as prices of the token moved closer to a key support point. Initial bullish momentum following last month’s payrolls has seemingly faded, with markets gearing up an economic downturn.....
After a move above $20,000 on Friday, bitcoin was back in the red on Saturday, as prices fell close to a key support point. As a result of this move the token has been largely unchanged in the last week, with price up 0.87% in the last seven days. Ethereum was also lower to start the weekend. Bitcoin Bitcoin (BTC) fell below $20,000 to start the weekend, as bearish sentiment returned following a brief rally late on Friday. Following the release of the University of Michigan Consumer Sentiment report for September, which showed improvement from the previous month, BTC surged to a peak of....
Bitcoin remained close to a ten-day high on Monday, as prices consolidated following gains from the weekend. Although ETH was lower to start the week, it was also able to remain close to Sunday’s peak around the $1,280 level.
Bitcoin
BTC was consolidating during today’s trading session, as bulls appear to have secured some profits following recent gains.
Coming from the back of a high at $21,783.72 on Sunday, BTC/USD rose to an intraday low of $20,965.11 on Monday.
This decline sees bitcoin start the week trading almost 2% lower, however....