Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week Low, Bullish Sentiment Fades on Monday – Market Updates Bitcoin News

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BTC rally stalls, as prices fall to 1-week low on Monday.

) also moved lower on Monday, however prices were able to remain above the $1,600 level despite the decline./USD dropped by as much as 2% in today’s session, hitting a low of $1,616.30 in the process.

As a result of this sell-off, ethereum moved closer to its recent support level at $1,600. However, bulls have so far rejected a collision.This has been helped by the RSI, which has found its own floor at 58.00, providing a soft landing for previous bulls.Should this RSI floor of 68.00 hold, ethereum bulls may attempt to make another move towards $1,700 as the week progresses.Tags in this story

 

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This makes me happy! I regularly buy bitcoin in ownr

If you Sell market will go Up ,If you buy now market will go DUMP 💥🤣 Belive me😆

Fo shizzle my nizzle. So BTC fizzle. --Snoop

Well it would because the $6k increase was just manipulated leveraging. Normal service now resumed in a very thin market with bearish macro economic factors weighing on it.

Still, the 1-week low is higher than the month's low. Still bullish on the market.

WikiCatCoin 🚀🚀🚀🚀

Well those profit takers ( aka weak handed panic sellers) have gotta get hold of that gas money to send their wives out to work somehow.

Bitcoin $16.000 just one month ago. We are still bullish ⛏️

Well, it can't always go up. We just need to be patient. Good things will happen.

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