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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains, as Traders Anticipate Powell Speech

Bitcoin’s value dipped from a high of $35,000 to $33,278.40, as traders capitalized on gains. It slightly recovered to $34,246.74, yet stayed below its peak. The Relative Strength Index (RSI) decreased from 89.00 to 87.22, indicating a potential shift. Today’s anticipated speech could either boost Bitcoin’s ascent or lead to a further drop.

Source: bitcoin.com

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