Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Analysis: Panic Selling Hits Cryptos

Bitcoin (BTC/USD), Ethereum (ETH/USD),Litecoin (LTC/USD), Technical Analysis – Talking Points

  • Marketwide volatility hit cryptocurrencies on worst day since early 2020
  • Bitcoin could be vulnerable after prices took out the key 200-day SMA
  • Ethereum eyeing 100-day SMA, Litecoin took out medium-term trendline

Bitcoin Technical Outlook

Bitcoin suffered its worst daily drop in over 14 months on Wednesday. Weakness wasn’t just isolated to BTC, but felt throughout digital currencies in one amplified…


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