Bitcoin Price Analysis: BTC At Risk of More Downsides Below $42K
Submitted by Anonymous (not verified) on Wed, 01/17/2024 - 05:30- Bitcoin price started a fresh decline below the $45,000 level against the US Dollar.
The worst-performing cryptocurrencies fall below moving average lines or trend sideways after being rejected at the last high.
Ethereum (ETH) has maintained its upward momentum as it approaches the $2,700 mark and continues to fluctuate below it.
ETFs could open up a line of trading avenues centered around arbitrage, options and financing, Hayes said.
The cryptocurrency market is in an uptrend, while others are recovering above the moving average lines.
The price of Solana (SOL) is stuck between the moving average lines and is currently in a sideways trend.
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