Bitcoin, Ethereum Technical Analysis: BTC, ETH Below $20,000 and $1,600 Respe...

Bitcoin, Ethereum Technical Analysis: BTC, ETH Below $20,000 and $1,600 Respe...

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.....


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