Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Markets Rebound

Bitcoin.com | Aug 30, 2022 at 2:30 PM
  • Bitcoin was back above $20,000 on Tuesday, as bulls seemingly moved in to buy following the recent dip in price.
  • The RSI climbed from a support point at 29.00, and is now tracking at a reading of 38.20.
  • As of writing, ETH continues to trade above a key support point at $1,550, and this comes as its RSI edges closer to a potential hurdle.