BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS
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BITCOIN UPDATE: -Bitcoin (BTC) fell below $19,000 for the first time in over a week in today’s session, as the U.S. dollar rose in strength.
USD climbed to its highest point in nearly two weeks versus several of its G7 counterparts, ahead of Thursday’s inflation report.
As a result, BTC/USD slipped to an intraday low of $18,984.66 earlier in the day, which is its weakest point since October 3.
Looking at the chart, today’s drop in price sees the token fall marginally below its key support point of $19,300.
In addition to the price, the 14-day relative strength index (RSI) also dropped below a floor of 45.80, and as of writing, is tracking at 44.67.
Bitcoin bulls have since reentered, and pushed the token back above $19,000, however prices are still below the aforementioned support point.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN UPDATE: -Bitcoin (BTC) fell below $19,000 for the first time in over a week in today’s session, as the U.S. dollar rose in strength.
USD climbed to its highest point in nearly two weeks versus several of its G7 counterparts, ahead of Thursday’s inflation report.
As a result, BTC/USD slipped to an intraday low of $18,984.66 earlier in the day, which is its weakest point since October 3.
Looking at the chart, today’s drop in price sees the token fall marginally below its key support point of $19,300.
In addition to the price, the 14-day relative strength index (RSI) also dropped below a floor of 45.80, and as of writing, is tracking at 44.67.
Bitcoin bulls have since reentered, and pushed the token back above $19,000, however prices are still below the aforementioned support point.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
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