Bitcoin, Ethereum Technical Analysis BTC Consolidate Ahead of United States GDP Data @web3newsdaily


  • 1 year ago
  • Ethereum
  • 342المشاهدات
#blockchain #bitcoin #bitcoin #ethereum #bitcoincrash @web3newsdaily In video all which in description Cryptocurrency prices mostly consolidated on Thursday, ahead of upcoming GDP figures from the United States. Bitcoin remained close to the $17,000 level in today�s session, with the global market cap trading 0.01% lower as of writing. Ethereum was largely unchanged, as prices continued to trade above $1,200. Bitcoin Bitcoin (BTC) continued to consolidate ahead of this afternoon�s third quarter GDP data from the United States. This afternoon�s figures are expected to show growth of 2.9% in the quarter, as inflation in the U.S. began to slow down. BTC/USD hit a high of $16,895.71 ahead of the data release, which is marginally higher than Wednesday�s bottom at $16,755.91. Looking at the chart, today�s consolidation comes as the 14-day relative strength index (RSI) continued to hover near a support point at 46.00. As of writing, the index is tracking at the 46.49 level, and could be set to break

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