Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,500, While BTC Continues to Consolidate.
05 Apr 2022, 08:00
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,500, While BTC Continues to Consolidate
Following recent multi-month highs, BTC continued to consolidate on Monday, as markets marginally fell to start the week. In addition to bitcoin, the current uncertainty in crypto markets also pushed ETH lower, falling below its $3,500 level as a result.
BitcoinBTC was trading in the red to start the week, as the world’s largest cryptocurrency continued to move away from recent highs.
Following last week’s high above $48,220, BTC/USD hit a low of $45,839.92 earlier in today’s session.