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Bitcoin, Ethereum Technical Analysis: BTC Nears $17,000 Heading Into the Weekend

November 18, 2022

Category:

Bitcoin

Bitcoin (BTC) rebounded on Friday, as the token moved towards the $17,000 mark heading into the weekend.

Following a low of $16,479.99 in Thursday’s session, BTC/USD raced to an intraday high of $16,947.06 earlier today.

The move sees BTC move further away from its recent floor of $16,200, which was a point of stabilization following the volatility caused by the FTX collapse.

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