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via Cointelegraph · By Cointelegraph Staff

Bitcoin Continues Its $80K Battle as US Jobs Data Smash Expectations Despite Iran

BTC

BTC/USDT

$59,794.00
-2.10%
24h Volume

$29,656,613,715.16

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short
71.3%
Long: 71.3%Short: 28.7%
Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$59,842.00

-2.02%

Volume (24h): -

Resistance Levels
Resistance 3$64,245.37
Resistance 2$62,909.86
Resistance 1$61,023.09
Price$59,842.00
Support 1$59,102.70
Support 2$57,460.19
Support 3$51,387.09
Pivot (PP):$59,973.14
Trend:Downtrend
RSI (14):30.6
CS
Cointelegraph Staff
(04:18 PM UTC)
1 min read
SC
Updated bySarah Chen
1348 views
0 comments

Bitcoin (BTC) struggled with an $80,000 reclaim at Friday’s Wall Street open as strong US jobs data added to headwinds.

Key points:

  • Bitcoin crisscrosses $80,000 as US jobs data notionally reduces the odds of US interest-rate cuts.
  • US jobs vastly outpace expectations, adding almost twice the anticipated number of jobs in April.
  • Traders avoid giving up on the local uptrend, seeing a "healthy" support…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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