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via CryptoPotato · By CryptoPotato Editorial

Bitcoin’s $3K Drop Comes as Fed Rate Hike Bets Surge, but Analyst Remains Bullish

BTC

BTC/USDT

$79,695.00

-1.96%

$79,695.00

-1.96%

(24s)

24h Volume

$18,106,986,741.16

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,668.77

▲ 0.01%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,478.87

Resistance 1$79,916.17

Price$79,668.77

Support 1$79,507.02

Support 2$76,170.88

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

CryptoPotato Editorial

(05:35 AM UTC)

1 min read

Updated byJames Mitchell

0 comments

The system is broken, said the Kobeissi Letter after the US stock market tumbled alongside crypto following the blowout jobs report.

All eyes on Friday were on the US jobs report, which actually showed that the US economy had added 162,000 jobs in August, almost triple expectations of roughly 55,000-58,000. The unemployment rate…

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CryptoPotato Editorial · CryptoPotato

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