Connect with us

Hi, what are you looking for?


Bitcoin and Ethereum: Bitcoin falls to the $28000 level

Bitcoin and Ethereum: Bitcoin falls to the $28000 level

Bitcoin price failed to break above the $29000 level yesterday. 
Ethereum price continues to fall below the $2000 level. 

Bitcoin chart analysis

Yesterday bitcoin price failed to break above the $29000 level. On the contrary, the price began to retreat yesterday and continues today. The fall has been stopped at the $27828 level for now, and Bitcoin has returned from the $28000 level. If he could now get new support here, he would have a new opportunity to start a bullish recovery. Potential higher targets are $28,500 and $29,000 levels. We need a negative consolidation and a new test of this morning’s low for a bearish option. A price break below would lead to the formation of a new lower low. Potential lower targets are $27750 and $27500 levels.

Ethereum chart analysis

Ethereum price continues to fall below the $2000 level. This morning the price fell to the $1896 level. This is how this week’s new low was formed. Chances are high that we will see a continuation of the Ethereum price pullback until the next support. Potential lower targets are the $1880 and $1860 levels. We need a new positive consolidation and price movement above the $1950 level for a bullish option. Then we need to hold on above in order to form a new bottom from which we would start our recovery. Potential higher targets are $1975 and $2000 levels.


The post Bitcoin and Ethereum: Bitcoin falls to the $28000 level appeared first on FinanceBrokerage.

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    Rep. Jennifer Wexton (D-Va.) announced on Tuesday that she has been diagnosed with Parkinson’s Disease. “If there’s one thing that Democrats and Republicans can...

    Latest News

    After Dianne Feinstein announced she’d contracted the shingles in early March, her staff said she planned to return to the Senate within a matter...


    A U.S. District Court judge has ruled that Elizabeth Holmes, founder and CEO of the disgraced blood-testing company Theranos, cannot remain free on bail...

    Latest News

    SEOUL, South Korea — When a group of American lawmakers arrived in South Korea for meetings with government and military officials, President Yoon Suk-yeol...

    Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2022 All Rights Reserved.