Bitcoin price gives up key trendline as US employment data trades 5% losses

in hive-101145 •  2 years ago 

image.png
Source: investing.com
Bitcoin (BTC) remained near the lower end of its trading range until October 8 after the bulls failed to recoup macro-induced losses.

1-hour BTC/USD (Bitstamp) candlestick chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD was around $19,500 at the time of writing.
1-hour candlestick chart of the US Dollar Index (DXY). Source: TradingViewBTC/USD 1-day candlestick chart (Bitstamp) with 21,50MA. Source: TradingViewCrypto settlement chart. Source: CoinglassBTC/USD annotated chart. Source: Whalemap/ Twitter

Continue reading on Coin Telegraph

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
Loading...