Bitcoin falls to start the weekend, moving towards $22,000.
Bitcoin moved towards $22,000 to start the weekend, as prices consolidated following Friday’s gains. Price uncertainty has heightened in crypto in the aftermath of recent rallies, which has pushed several tokens towards overbought territory. Ethereum also slipped on Saturday.) prices fell on Saturday, as price uncertainty in crypto markets continued to heighten following recent gains.
The world’s largest cryptocurrency fell by over $1,000 in the past 24 hours, hitting an intraday low of $22,418.08 in the process. Friday saw bitcoin trading at a peak of $23,671.93, which was still close to a five-week high, however today’s bearish pressure has shifted market sentiment.As a result, prices now look as though they could be heading for a support point of $21,800 in upcoming days.
Ultimately, market uncertainty began once the resistance level on the 14-day relative strength index of 62.40 was hit earlier this week, with bullish momentum running out of steam soon after. Although still not clear, it is likely that we could see the floor of $21,800 hit, however with some bulls still in the market, we may not see this support broken this weekend.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Bitcoin, Ethereum Technical Analysis: ETH Rebounds, Climbing to Over $1,600 on Friday – Market Updates Bitcoin NewsEthereum was back in the green on Friday, as bulls returned to action following yesterday’s crypto selloff.
Weiterlesen »
Bitcoin, Ethereum Technical Analysis: BTC Falls, as Tesla Sells 75% of Its Holdings – Market Updates Bitcoin NewsBitcoin was trading lower in today’s session, as it was revealed that Tesla had sold 75% of its holdings in the cryptocurrency.
Weiterlesen »
Bitcoin bulls miss key resistance flip as BTC price sheds 8%Too much too soon? Bitcoin gives up its gains as the U.S. dollar seeks to exit its comedown.
Weiterlesen »
Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC priceBTC price support zones to hold materialize ahead of a crucial weekly close for Bitcoin.
Weiterlesen »
Bitcoin Lightning Network capacity rises to a new high amid bear marketThe constant growth of the Bitcoin Lightning Network (LN) continues to accelerate after attaining another milestone undeterred by the ongoing... Continue reading
Weiterlesen »
Bitcoin Is Battling for $23,000 Third Day in RowICYMI: $BTC's struggle for the $23,000 threshold is not yet over Bitcoin BTC
Weiterlesen »