Bitcoin, Ethereum Outlook Turns Bearish

Bitcoin (BTC/USD) Analysis

Bitcoin halts bullish trend, markets eye U.S. non-farm payroll data for further direction.

Key Highlights

BTC halted its bullish trend and lost more than 5 percent on subdued market sentiment. Markets are eyeing US Non-farm payroll data today for further direction. The pair regained above 200-day EMA in the European session.

Technical Analysis

Intraday trend – Bearish

On the daily chart, the pair is trading above Tenken-Sen ($45,278), Kijun-sen ($42,701), and Ichimoku…


Source link

About bitcoin

Check Also

Finder’s Ethereum Price Predictions Report

Finder’s Ethereum Price Predictions Report

Ether (ETH) could break US$2,400 in 2023, before ending the year at $2,184 …

Leave a Reply

Your email address will not be published. Required fields are marked *