Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 2-Week Lows, Ahead of US M...
Bitcoin fell below $20,000 on Tuesday, as markets prepared for the U.S. midterm elections. Cryptocurrencies were swept by a red wave today, as some Democratic investors expect that American voters will also be favoring such a wave in the political arena. Ethereum also moved lower, dropping below $1,500 for the first time in two weeks. Bitcoin Bitcoin (BTC) prices fell for a third straight session on Tuesday, as traders prepared for the U.S. midterm elections. Following a high of $20,882.38 to start the week, BTC/USD slipped to an intraday low of $19,448.53 earlier today. This drop in price....
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Ethereum has seen a strong bounce since the September lows near $310. The coin now trades for $455, though peaked at $465 a few days ago. Technical trends show that the cryptocurrency will likely continue its ascent in the months ahead. Analysts are specifically eyeing a move toward $800, as that’s where macro resistance lies. Ethereum Technical Trends Suggest Growth Toward $800 Possible Ethereum has seen a strong bounce since the September lows near $310. […]
Both ETH and BTC fell close to five-week lows to start the week, as losses in crypto markets extended on Monday. Following bearish pressure over the weekend, BTC started the week trading below $39,000, while ETH was under $2,900.
Bitcoin
Bitcoin started the week trading in the red for a fifth consecutive session, as prices dropped to multi-week lows.
Following a peak of $39,845.92 on Sunday, BTC/USD plunged to an intraday bottom of $38,338.38 earlier today.
This drop is the lowest level BTC has traded at since March 15, when price hit a bottom of....
Bitcoin rose for a seventh consecutive session on Tuesday, as the token moved to a three-week high. The price surge came ahead of this afternoon’s U.S. inflation report, which is expected to come in at 8.1% for August. Ethereum continued to trade lower in today’s session, as volatility remained high ahead of The Merge. Bitcoin Bitcoin (BTC) rose for a seventh consecutive session on Tuesday, as markets anticipated the release of the U.S. consumer price index. Inflation in the United States is expected to fall to 8.1% in August, following a decline to 8.5% the month prior.....
On Monday, bitcoin fell to its lowest level since June, as sentiment in cryptocurrency markets remains bearish. The token has fallen lower in consecutive sessions following last week’s U.S. inflation report, and the fall comes ahead of the upcoming U.S. Federal Open Market Committee meeting. Ethereum was also down, hitting a multi-month low of its own. Bitcoin Bitcoin (BTC) fell to a four-month low to start the week, as bearish sentiment remains high in crypto markets. BTC/USD slipped to an intraday low of $18,390.32 earlier in the day, which comes following a breakout of a floor at....
Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come in at 8.1% for September, which is lower than August’s rate of 8.3%. Ethereum was also in the red, as the token slipped to a one-week low to start the week. Bitcoin Bitcoin started the week trading at a seven-day low, as markets prepared for a big week of economic data. BTC/USD slipped to a bottom of $19,162.31 on Monday, which saw prices drop below a key support point of....