Bitcoin, Ethereum Technical Analysis: BTC Lower, Following Brief Rally Above $25,000

Bitcoin.com | Aug 15, 2022 at 3:30 PM
  • Bitcoin was trading lower to start the week, after the token briefly rose above $25,000 during Sunday’s session.
  • Looking at the chart, today’s decline in price comes after a resistance level of $24,800 was hit over the weekend.
  • This bearish turn in ethereum also comes as a result of the RSI being overbought.