Bitcoin, Ethereum Technical Analysis: BTC Plunges Below $22,000, While ETH Nears 10-Day Low

Bitcoin.com | Aug 19, 2022 at 2:50 PM
  • Bitcoin was significantly lower on Friday, as the token fell by over $1,500 in a 24-hour period.
  • Today’s move has seen the token move marginally below this support level, whilst the RSI also dropped below a key floor.
  • As of writing, relative strength on ethereum is tracking at 47, which like bitcoin, is the weakest point since mid-July.