Bitcoin, Ethereum 비트겟 Technical Analysis: BTC, ETH Prices Fall Lower Against USD
Cryptocurrency 비트겟 markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing.
비트겟 Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent market sentiment.
Following a high of $44,309.03 on Wednesday, BTC/USD fell below $43,000 during today’s session, and is down by over 3% as of writing.
The move saw BTC hit an intraday low of $42,685.75, sending prices closer to recent support at $41,765.
This drop in price comes as the Relative Strength Index (RSI) of 14-days fell below its floor of 56, and is currently tracking at 53.10.