Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below expectations. 431,000 jobs were added to the U.S. economy versus forecasts for an addition of 490,000. ETH also reacted to the news, finally moving below $3,400.
Bitcoin
BTC fell for the third consecutive session on Friday, as the world’s largest cryptocurrency dropped to its lowest level this week.
Following a high above $47,591.00 yesterday, BTC/USD traded at an intraday low of $44,403.14 during today’s session.
This is the lowest BTC has hit since March 27, and comes days after a failed breakout of the $48,080 price ceiling.
As anticipated earlier this week, the moves of the last several days bear strong resemblance to those of January 2, which was the last time prices were trading in this territory.
Looking at the chart, the 14-day RSI has also dropped from Tuesday’s high of 70.55, and now sits at 60.08.
Should price strength continue to fall towards its
We współpracy z: https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-btc-falls-to-5-day-low-as-nfp-marginally-lower/
