Home Ethereum Bitcoin and Ether Crash as Pelosi’s Taiwan Trip Weakens Risk Sentiment

Bitcoin and Ether Crash as Pelosi’s Taiwan Trip Weakens Risk Sentiment

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“Our short term [bitcoin] indicators are mixed, but further loss of near-term momentum would support a retest of support (~$18,300-$19,500), below which secondary support is near $13,900,” Katie Stockton, a certified market technician and founder and managing partner of Fairlead Strategies, wrote in a weekly analysis published on Monday. “Medium and long-term momentum indicators are still pointing to the downside, raising the risk of another significant downtrend in the months ahead.”

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