BTC Climbs to $40,000 on Saturday – Market Updates Bitcoin News - BitcoinEthereumNews.com
Bitcoin and ethereum were both higher to start the weekend, as markets seem to have discounted recent volatility. BTC momentarily passed the $40,000 level, with ETH moving towards $2,800. Bitcoin As of writing, cryptocurrency markets are up by over 3% on Saturday, with bitcoin trading close to 1% higher to start the weekend. यह कल के $38,416.53 के निचले स्तर के बाद आता है, जिसमें BTC/USD आज के सत्र में पहले $40,005.35 के उच्च स्तर पर पहुंच गया था। Saturdays move sees BTC break beyond the key $40,000 level, however the move did not last, as profit takers likely closed their positions due to the current market risk. बीटीसी / यूएसडी - दैनिक चार्ट Looking at the chart, the 14-day RSI currently hovers above its long-term ceiling of 44, and is approaching the 45 level. BTC now trades below its recent resistance point of $39,500, as the momentum of the 10-day moving average continues to tumble. However, should price strength remain above resistance, bulls may be targeting an exit at $41,500. Ethereum The price of ETH was also higher to start the weekend, with markets nearing long-term resistance of $2,900. As of writing, ETH/USD is trading 2.16% higher, after rising to a peak of $2,835.66, following Fridays intraday low of $2,664.45. Similar