Bitcoin, Ethereum Technical Analysis: Strong Dollar Pushes BTC Below $19,000 – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: Strong Dollar Pushes BTC Below $19,000 – Market Updates Bitcoin News
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BTC moves below $19,000, U.S. dollar higher on Friday.

) was back in the red on Friday, as the U.S. dollar continued to strengthen versus several G7 currencies./USD slipped to an intraday low of $18,945.48 earlier today.

The move pushed prices of the token towards a key support point of $18,900, as price strength also declined.Looking at the chart, the relative strength index of 14-days collided with a floor of 40.50, and as of writing is set to move below 40.00. The 10-day moving average has also extended its downward trend, which could be a sign of further bearish sentiment.could be trading below $18,000 this weekend.

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