Bitcoin, Ethereum teknisk analyse: BTC tilbage ovenfor $21,000, Efter stærke kinesiske BNP-tal

Bitcoin klatrede tilbage ovenover $21,000 er Jan. 17, da markederne reagerede på bedre end forventet kinesisk bruttonationalprodukt (BNP) tal. Den økonomiske udgivelse kommer som U.S. handlende vendte også tilbage til handling, efter observationen af ​​Martin Luther King Jr. Dags fejring. Ethereum rose briefly above $1,600 earlier in the session.

Bitcoin

Bitcoin (BTC) rose back above the $21,000 mark on Tuesday, as markets reacted to the latest GDP figures from China.

Figures from the world’s second largest economy showed that gross domestic product rose by 3% sidste år, højere end 2.8% forventet.

As a result of this, BTC/USD rose to a high of $21,360.87 tidligere på dagen, Mindre end 24 hours after falling to a bottom at $20,715.75.

Ser på diagrammet, today’s rebound in price has pushed bitcoin closer to its long-term resistance level of $21,400.

This ceiling has been in place for the past two months, and was marginally broken over the weekend.

The 14-day relative strength index (RSI) continues to hover close to a ceiling of 90.00, and should BTC bulls intend to climb above $21,400, this ceiling on the RSI must first be broken.

Ethereum

In addition to BTC, ethereum (ETH) climbed higher in today’s session, with prices briefly moving beyond the $1,600 level

Efter en lav af $1,529.57 to start the week, ETH/USD surged to an intraday peak of $1,603 in the early hours of this morning.

Prices have since slipped, and as of writing, the world’s second largest cryptocurrency is trading at $1,569.75.

Overall, with prices significantly overbought, and with bullish momentum seemingly at its peak, many expect a reversal could be on its way.

Currently the RSI of 14 days is tracking at 83.84, which is its highest level since August 2020, when price was trading below $1,200.

Although there are still long-term bulls, it is likely that ethereum could move into consolidation up until price strength is in more neutral territory.

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Could we see ethereum move lower in the coming days? Efterlad dine tanker i kommentarerne nedenfor.

Elijah Dambell

Eliman bringer et eklektisk synspunkt til markedsanalyse. Han var tidligere mæglerdirektør og underviser i onlinehandel. I øjeblikket, han fungerer som kommentator på tværs af forskellige aktivklasser, inklusive Crypto, Aktier og valuta, mens han også er startup-stifter.

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