BTC moves towards $22,000 ahead of U.S. inflation report.
Following a low of $1,470.02 to start the week,As a result of this move, the world’s second largest cryptocurrency is once again trading above its long-term floor at $1,505.Despite this, overall market momentum remains bearish, with the 10-day moving average extending its death cross with its 25-day counterpart.
What has somewhat helped to ease the current market sentiment is the floor of 44.00 on the RSI indicator. Should the floor break, there is a strong possibility that ethereum will be heading for the $1,450 mark.Tags in this story
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