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Bitcoin, Ethereum Technical Analysis: BTC Remains Near $23,000 to Start the Week

January 23, 2023

Category:

Bitcoin

Bitcoin (BTC) continued to trade near a five-month high to start the week, as sentiment in crypto markets remained bullish.

Following a low of $22,387.90 on Sunday, BTC/USD hit an intraday peak of $23,056.73 earlier in today’s session.

On Saturday, BTC rose to a high of $23,375, which was its strongest point since August 18, and it appears as though bulls are hoping to recapture this point.

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