CRYPTO NEWS - BTC Back Above $20,000 as Bulls Return to Crypto Markets
CRYPTO NEWS - BTC Back Above $20,000 as Bulls Return to Crypto Markets
Intro: (0:00)
Bitcoin Price(1:11)
BTC Back Above $20,000 as Bulls Return to Crypto Markets: (1:15)
Crypto News: (2:12)
Bitcoin news: (4:41)
Ethereum News: (6:15)
Outro (10:37)
Following a turbulent start to the week, bitcoin was back in the green on Tuesday, as the token climbed back above $20,000. The move saw prices race to their highest point in nearly two weeks, moving past a key resistance level in the process. Ethereum was also trading higher, as it neared the $1,400 level.
Bitcoin
Bitcoin (BTC) neared a two-week high on Tuesday, as the token rebounded following a recent bearish spell.
Following a bottom of $19,006.11 to start the week, BTC/USD raced to an intraday peak of $20,294.34 on Tuesday.
This is the highest point that the token has traded at since September 14, and is marginally above a resistance level of $20,250.
s of writing, BTC is still trading slightly above this ceiling, with the 14-day relative strength index (RSI) also tracking above a similar threshold.
Currently the index resides at a reading of 52.72, which is above its own resistance level of 49.00.
Should price strength continue to move in an upward direction, then we could see BTC back above $21,000 in the coming days.
Ethereum
On Tuesday, ethereum (ETH) was also trading higher, with the world’s second largest cryptocurrency moving back towards the $1,400 level.
ETH/USD rose to a high of $1,395.31 earlier in the day, which is the highest point the token has hit in the last five days.
The move came following a breakout of a recent resistance of $1,335, with the RSI also moving past a ceiling of its own.
Intro: (0:00)
Bitcoin Price(1:11)
BTC Back Above $20,000 as Bulls Return to Crypto Markets: (1:15)
Crypto News: (2:12)
Bitcoin news: (4:41)
Ethereum News: (6:15)
Outro (10:37)
Following a turbulent start to the week, bitcoin was back in the green on Tuesday, as the token climbed back above $20,000. The move saw prices race to their highest point in nearly two weeks, moving past a key resistance level in the process. Ethereum was also trading higher, as it neared the $1,400 level.
Bitcoin
Bitcoin (BTC) neared a two-week high on Tuesday, as the token rebounded following a recent bearish spell.
Following a bottom of $19,006.11 to start the week, BTC/USD raced to an intraday peak of $20,294.34 on Tuesday.
This is the highest point that the token has traded at since September 14, and is marginally above a resistance level of $20,250.
s of writing, BTC is still trading slightly above this ceiling, with the 14-day relative strength index (RSI) also tracking above a similar threshold.
Currently the index resides at a reading of 52.72, which is above its own resistance level of 49.00.
Should price strength continue to move in an upward direction, then we could see BTC back above $21,000 in the coming days.
Ethereum
On Tuesday, ethereum (ETH) was also trading higher, with the world’s second largest cryptocurrency moving back towards the $1,400 level.
ETH/USD rose to a high of $1,395.31 earlier in the day, which is the highest point the token has hit in the last five days.
The move came following a breakout of a recent resistance of $1,335, with the RSI also moving past a ceiling of its own.
