BTC below $17,000, as ETH nears breakout below $1,200.
) fell below $17,000 in today’s session, as markets continued to react to last month’s retail sales data./USD slipped to an intraday low of $16,997.54 earlier in the day.
This comes less than a day after prices were nearing a breakout of $18,000, hitting a peak of $17,725.88 in the process.Looking at the chart, bearish pressure intensified following a breakout of a floor at $17,200, with the price now trading $17,023.22. This slight reversal comes as the 14-day relative strength index moved close to a support point of 45.00.
The index is currently tracking at the 47.05 level, and should price strength hit the aforementioned floor,
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