BTC, ETH Consolidate as Markets Prepare for Christmas Break – Market Updates Bitcoin News
Bitcoin Ethereum BTC, ETH Consolidate bilang Markets Prepare for Christmas Break – Market Updates Bitcoin News 12 / 19 / 2022 Balita ng Ethereum ng Bitcoin Bitcoin continued to consolidate to start the week, as market volatility remained in place ahead of the Christmas holidays. The worlds largest cryptocurrency remained below $17,000 on Monday, as price attempted to break out of a key resistance level. Ethereum was below $1,200 on Monday. Bitcoin Bitcoin (BTC) started the week below $17,000, as prices continued to consolidate following a volatile weekend. Kasunod ng mababang $16,671.80 noong Linggo, BTC/USD ay tumaas sa isang peak na $16,815.39 mas maaga sa session ngayon. Monday‘s move saw the world’s largest cryptocurrency rise above a key resistance level of $16,700. BTC/USD – Pang-araw-araw na Tsart Despite this, market sentiment remains volatile, with neither bulls nor bears taking charge of price movement so far today. As can be seen from the chart, the uncertainty comes as the 14-day relative strength index (RSI) hovers below a resistance point at the 46.00 mark. The index is currently tracking at 44.16, with a floor of 42.00 seemingly the target for bears. Prices will likely continue to consolidate up until the support or resistance is broken. Ethereum Ethereum (ETH) also consolidated during Mondays session, with prices remaining