- Following what has been a turbulent week of trading, bitcoin prices consolidated to start the weekend.
- Looking at the chart, the initial price increase in today’s session came as the 14-day relative strength index (RSI) also moved higher, hitting a resistance level in the process.
- As seen from the chart, the move came as its RSI also rose, hitting a height of 38.70 in today’s session.
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Week of Intense Volatility

