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Bitcoin, Ethereum Technical Analysis: BTC Falls as Global Economic Slowdown Heightens

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Bitcoin, Ethereum Technical Analysis: BTC Falls as Global Economic Slowdown Heightens - Bitcoin News

Quick Summary:

Bitcoin was back in the red during Friday’s session, as the token was once again trading below $19,000.

The recent decline comes as the global economic slowdown has become more apparent.

Bears now look set to move from this ceiling to a floor of 37.50, and should this occur, BTC will likely be trading below $18,000.


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Article Details

Author / Journalist: Eliman Dambell

Category: Crypto

Topics: Bitcoin ETH BTC Ethereum Analysis Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 12:47:05

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Reading Time: 3 minutes read

Article Length: 369 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 493570

View Article Analysis

About Bitcoin News

Bitcoin News Logo

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 14 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 9h ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #62

Publisher Details

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