BTC Prices Dip Below $24,000 Ahead of US Consumer Sentiment Data – Market Updates Bitcoin

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Bitcoin On Feb. 24, the price dipped to $24,000 as the markets awaited the release of US consumer sentiment figures. The University This is Michigan The report is expected to show an increase in confidence, regardless of ongoing inflationary pressures. Ethereum Again pulled slightly from Thursday’s high.

Bitcoin

Bitcoin (BTC) was soon traded below $24,000 on Friday As the US was preparing to release, markets began to anticipate the upcoming Consumer Confidence data.

BTC/USD dropped to $23,693.92 intraday earlier in the session, less than 24 hours after hitting a high of $24,177.57.

Today’s As bitcoin’s current high is $24,200, transfer was possible.

BTC/USD – Daily Chart

Looking The chart also shows a 14-day RSI break. The index moved under a backside at 58.00.

CurrentlyThe index is now at a reading of 55.97. There will be an assist level on the 53.00 space.

If If bears try to reach this stage, there is a strong risk. Bitcoin Commerce below $23,000

Ethereal

In In addition to BTC and ETH, ethereum fell from Thursday’s This was high and cryptocurrency was also affected by the current high volatility.

Following Yesterday’s session saw a high of $1666.13, and ETH/USD dropped to $1,632.57 today. Friday.

The Drop sent ethereum further away from its long-term peak at $1,675 but closer to a level at $1,630.

Bitcoin and Ethereum Technical Analysis: BTC Drops Below $24,000 Ahead of US Consumer Sentiment Data

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