Bitcoin, Ethereum Technical Analysis: BTC Moves Above $28,500 as ETH Nears $2,000 – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Moves Above $28,500 as ETH Nears $2,000 – Market Updates Bitcoin News
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BTC nears $29,000, as ETH closes in on $2,000 level.

) broke out of a key resistance level on Wednesday, with traders now targeting a move beyond the $29,000 mark./USD moved to an intraday high of $28,739.24 earlier in today’s session.

The move saw bitcoin climb above a recent ceiling of $28,500, hitting a four-day high in the process.Overall, it appears that the move occurred once the relative strength index bounced from a recent floor at 58. As of writing, the index is tracking at 62.48, with the next visible ceiling of 65.00 a possible target for bulls.Ethereum

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