Bitcoin, Ethereum Technical Analysis: BTC Slips Below $19,000 Following Yesterday’s Failed Breakout

Bitcoin.com | Sep 7, 2022 at 3:30 PM
  • Bitcoin fell below $19,000 on Wednesday, as the token failed to break out of a key resistance level during yesterday’s session.
  • The move saw bitcoin fall to its lowest point since June 18, and came as prices declined as BTC neared its ceiling of $20,230.
  • Looking at the chart, the drop saw BTC move from that ceiling, to eventually break out of a support level of $19,500.