Bitcoin jumps back above 44k as Musk denies sales

17 May, 2021

Bitcoin has just now jumped back above 44k. Earlier it traded to as low as 42,185 as was noted here a short while ago. The reason for the jump back above 44k right now in newswire reports from Elon Musk, stating that he has not sold any Bitcoin. Given the price action right now and the news that accompanies it I would crave your indulgence to read all that was said about Musk and Bitcoin here in a number of articles earlier today. Bitcoin is just now trading at 44,750. The Pied Piper plays on then

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Bitcoin drops closer to a test of 200 day moving average

17 May, 2021

Following previous updates here last night and today, Bitcoin has fallen further. It has now dropped below 43k as it continues to trade negatively following the clear break below support at around 47k.

Ethereum (ETHUSD) extends rebound

17 May, 2021

Much earlier today Ethereum (ETHUSD) fell to as low as 3,125. That drop equated to a fall of more than 25% from the record highs seen last week.

Bitcoin jumps back above 44k as Musk denies sales

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Bitcoin drops closer to a test of 200 day moving average

Ethereum (ETHUSD) extends rebound

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Bitcoin jumps back above 44k as Musk denies sales

Tags

Exchange BTC

Bitcoin drops closer to a test of 200 day moving average

Ethereum (ETHUSD) extends rebound

Join StormGain

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