Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit 6-Week Highs as Dollar Loses Steam

Bitcoin.com | Oct 26, 2022 at 3:02 PM
  • Bitcoin rose to its highest level in six weeks on Wednesday, as the U.S. Dollar continued to weaken versus several G7 currencies.
  • This is the highest point the index has hit since March, when the token was trading at over $40,000.
  • Following today’s rise in price, the RSI moved to a high of 69.29.