BTC, ETH prices fall, as crypto markets react to Tesla selling 75% of its bitcoin.
Ultimately, the shift in momentum comes as price strength was already nearly overbought, with the 14-day RSI tracking near a ceiling of 62 on Wednesday.
Should this bearish sentiment intensify, bitcoin could potentially begin to head lower, moving towards $20,000.) also saw its recent winning streak snapped, as the token fell back into the red during Thursday’s session. The drop comes as sentiment around crypto turned bearish earlier in the session, with the global market cap trading 3.2% lower as of writing.Looking at the chart, ethereum’s Relative Strength Index was tracking above 70 during yesterday’s session, which was a three-month high.
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