BTCUSDT: Slight decrease

Updated
Hello, wonderful friends of Karina. BTCUSD has slightly increased by 0.45% in the early trading hours, moving around the level of 43,486 USD and within a downward trend channel.

As such, the price of bitcoin, like other assets, is greatly influenced by macroeconomic developments. This includes the release of the Non-Farm Payroll (NFP) report by the U.S. Bureau of Labor Statistics (BLS). This time, the NFP data is expected to cause a decrease in the value of BTC.

On the analysis chart: A breakout move could bring BTCUSDT to the support zone around 42,000 USD.
Trade active
bitcoiBTCUSDBTCUSDTChart PatternsForexTechnical IndicatorsTrend Analysis

Related publications

Disclaimer