BTC back above $20,000, despite fallout from Silicon Valley Bank collapse.
Following a two-month low at $1,378.53 yesterday,The move comes as ethereum bulls bought yesterday’s dip, as price strength moved deep into oversold territory.Friday saw ethereum’s RSI fall to 28.30, which was its weakest point since last June, however the index has since rallied.
As of writing, it is now tracking at 32.26, and appears to be heading towards a long-term floor at 34.00.Register your email here to get weekly price analysis updates sent to your inbox:
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