Bitcoin, Ethereum Technical Analysis: BTC Climbs to $17,000 as Weaker USD Overshadows SBF's Cryptic Tweets – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Climbs to $17,000 as Weaker USD Overshadows SBF's Cryptic Tweets – Market Updates Bitcoin News
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BTC climbs higher on USD weakness, markets mute cryptic SBF tweets.

/USD surged to a peak of $1,284.22 on Tuesday, which comes less than 24 hours after trading at a bottom of $1,214.10.

The world’s second largest cryptocurrency has now risen for a second consecutive session, despite recent bearish sentiment.Overall, market sentiment continues to remain bearish, with the 10-day , and 25-day moving averages still trending lower.above, the RSI here is close to a ceiling of its own at 43.00, with traders beginning to vacate positions as a result.

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