Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 to Start the Weekend – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 to Start the Weekend – Market Updates Bitcoin News
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BTC moves towards $27,000 to start the weekend.

Following a high of $28,208.21 on Friday,As a result of the move, bitcoin collided with a floor at the $27,050 level, however bulls have so far rejected a breakout below this point.Looking at the chart, today’s sell-off took place as the relative strength index fell below a floor of its own, at the 65.00 mark.

As of writing this, the index is now tracking at the 62.75 level, with the next visible point of support at the 60.00 mark..Ethereum

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