After trading at the $21k range throughout the week, Bitcoin price continues its sideways price action this Friday. Managing to remain at the same range over the past seven days, BTC will likely continue to hold support until next week, when the market could decide its next move. Ethereum was also trading sideways this week but dropped to the $1,600 level today as support broke down. Let’s look at any relevant Bitcoin and Ethereum news affecting prices this weekend and next week. Key Points: Bitcoin continues its sideways trading grind at the $21k range. Hash Ribbons suggest that miner capitulation
The post Bitcoin’s Sideways Trading Continues, Ethereum Drops to $1,600 appeared first on The Merkle News.
Powered by WPeMatico
