Bitcoin, Ethereum Technical Analysis: BTC Remains Below $24,000 After Falling for Fourth Consecutive Session

Bitcoin.com | Aug 17, 2022 at 3:00 PM
  • Bitcoin continued to trade below $24,000 today, as the token fell for a fourth consecutive session.
  • Following a low of $1,862.74 on Tuesday, ETH/USD went on to hit a high of $1,951.68 later in the session, as bulls attempted a rally.
  • Like bitcoin, the decline comes as price strength significantly declined over the past few sessions, moving from a peak of 71.89, to a low of 61.92 today.