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 finally fallen into crypto irrelevancy.
However, as LUNA spiked by almost 2,000% in today’s session, the volatility and general uncertainty in markets likely contributed to BTC’s selloff.
Looking at the chart, the 14-day RSI is now trading lower, as it fell to a bottom of 25, which is a floor that has not been broken since late January.
Should this change, then we will likely be looking at bitcoin trading closer to $25,
We współpracy z: https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-eth-back-below-2000-as-btc-down-6-to-start-weekend/
