Analysis of Bitcoin and Ethereum Technology: BTC Returns to Above $28000

After Joe Rogan commented that Bitcoin had the opportunity to become a "universally viable currency," its weekend trading price exceeded $28000. In addition, traders also responded to yesterday's announcement of the number of non farm payrolls in the United States, with an increase of 336000 in September, higher than many expected of 170000



After Joe Rogan commented that Bitcoin had the opportunity to become a "universally viable currency," its weekend trading price exceeded $28000. In addition, traders also responded to yesterday's announcement of the number of non farm payrolls in the United States, with an increase of 336000 in September, higher than many expected of 170000. Ethereum slightly rose on Saturday.

Bitcoin

Bitcoin ( BTC ) 28,000 Joe Rogan

This is the most likely currency to become a universally viable currency, "Logan said in an interview with Openai founder Sam Altman

After this statement was published, BTC/USD hit a peak of $28252.54 and fell to a low of $27215.55 during Friday trading.


From the chart, this trend occurred after the relative strength index (RSI) broke its price limit of 61.00.

At present, the reading of price strength is 62.25, and the next visible upper limit is 65.00 level.

Bitcoin 28,500

Ethereum

EthereumETH

After hitting a low of $1613.38 last Friday, as trading progressed, ETH/USD rose to an intraday high of $1659.61.

As of the time of writing this article, the increase has weakened, with the world's second largest cryptocurrency currently trading at $1641.61.


Ethereum 14 RSI 50.00 BTC

Ethereum 1,700

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