Bitcoin prices dropped during the hump-day session, as bulls were unable to maintain Tuesday’s gains. The world’s largest cryptocurrency once again fell below the $30,000 level, whilst ETH also moved lower. Bitcoin Following a slight rally in price during Tuesday’s session, bearish sentiment returned to markets on Wednesday. This sentiment saw BTC/USD drop to a bottom of $29,570.30, less than 24 hours after trading at a peak of $30,694.49. Wednesday’s low sees a continuation of price consolidation, as traders continued to navigate through the current volatility within markets. As a result of today’s move, bitcoin is now moving closer to a support level of $28,800, with the 14-day RSI remaining deep in oversold territory. Looking at the chart, this indicator is currently tracking at 33.87, which is marginally below a ceiling of 35. As discussed on Tuesday, it is unlikely […]