Bitcoin: Sigue el lateral.

Bitcoin: Sigue el lateral.

Escrito el 21/12/2022
Joaquín Ortega

No news on the Bitcoin and Ethereum side. Hash rate still not recovering and spred with difficulty level increasing. Therefore, the activity on the BTC Blockchain continues to be low. Today, new bankruptcy of crypto mining company, Miner Core Scientific.

Resistance MA 20 Sessions 17.000 $ .Second Resistance MA 50 Sessions 17.400 $. The last sessions have seen Daily candlesticks with higher range, but insufficient for now to change the situation. Weak support at $16,400.

On the weekly however, the candlestick is a minimal doji cross. Major resistance remains at $18,800.

Ethereum bounced back to the $1,200 level, but is trading on the Daily chart, below the MA 20 Sessions. The biggest danger for the asset is the bearish crossover, getting closer and closer, MA 50 / 20 Sessions.