ETH falls under $1,500, whilst BTC approaches breakout below $20,000.
Following a peak of $21,022 on Wednesday,/USD dropped in back-to-back sessions, with today’s decline sending the price to a low of $20,086.07.
Today’s slip in bitcoin comes as USD continued to gain strength, following yesterday’s better-than-expected Q3 GDP figures, which came in at 2.6%.In addition to a stronger dollar, momentum has somewhat shifted following a failed breakout of a key ceiling within the relative strength index . Since failing to move beyond the resistance of 66.00, the index has fallen significantly lower, and as of writing, is trading at 56.82.
The 10-day , and 25-day moving averages now appear to also be slowing their progress, which could lead to further declines in price.
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