Bitcoin, Ethereum Technical Analysis: BTC Below $19,000 as Sentiment in Crypto Remains Bearish

Bitcoin.com | Sep 26, 2022 at 3:38 PM
  • Bitcoin started the week trading below $19,000, as recent economic pressures continued to weigh on cryptocurrency markets.
  • In order for sentiment to shift, bulls will likely need to move beyond a ceiling of 44.00 on the 14-day relative strength index (RSI).
  • This move comes as the RSI failed to break out of a key ceiling of 39.00, leading to an increase of bearish pressure.