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Technical Analysis – Page 37 – DIGIT INFO

Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000 Following Record U.S. Inflation Data

Bitcoin and ETH both fell below key price levels on Tuesday, as crypto bears continued to push prices lower. Despite this, both have now regained these levels following news that U.S. inflation rose to a record 8.5% year-over-year. Overall, cryptocurrency markets were down 1% as of writing. Bitcoin BTC dropped below its key level of … Read more

Bitcoin, Ethereum Technical Analysis: ETH Marginally Higher as BTC Consolidates on Friday

ETH was marginally higher during Friday’s session, as it moved away from its recent support level around $3,145. BTC on the other hand mostly consolidated today, as prices mainly traded close to the $43,000 region. Bitcoin Friday saw BTC fall for a fourth straight session, as prices continued to reach lower lows throughout the course … Read more

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $45,000 Ahead of FOMC Minutes, ETH Extends Recent Losses

Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was also down in the session, slipping to a five-day low in the process. Overall, the global crypto market cap fell by 4% as of writing. Bitcoin BTC fell below $45,000 during Wednesday’s session, … Read more

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