בטק דראָפּס אונטער $ 20,000 פאָרויס פון יו. עס. נאָנפאַרם פּייראָולז באריכט

Bitcoin was trading below $20,000 on Friday, as markets prepared for the release of the latest U.S. nonfarm payrolls report. The token moved lower for the third consecutive session, as bearish sentiment returned to markets. Ethereum continued to consolidate ahead of this afternoon’s release.

ביטקאָין

ביטקאָין (בטק) was back below $20,000 on Friday, as traders continued to anticipate this afternoon’s ניט -פאַרם פּייראָולז (NFP) report.

September’s payrolls are expected to come in at 250,000 jobs, with many believing that we could likely see the report come in better than expected.

בטק/USD fell to a low of $19,864.57 in today’s session, less than 24 hours after trading at a high of $20,294.39.

Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20,000 Ahead of Nonfarm Payrolls Report — בטק/ וסד - טעגלעך טשאַרט

Ultimately price uncertainty has increased in recent days, as the U.S. dollar began to strengthen, after recent declines.

The 14-day relative strength index (RSI) is currently tracking marginally above a floor of 51.00, with the next resistance point at 55.80.

זאָל בטק move towards this point, we will likely see bitcoin not only back above $20,000, but potentially closer to $21,000.

עטהערעום

עטהערעום (עטה) was mostly consolidating in today’s session, as prices continued to trade below a ceiling of $1,380.

The world’s second largest cryptocurrency dropped to $1,349.45, which is slightly lower than yesterday’s peak of $1,375.77.

קוילעלדיק, עטה/USD is still trading nearly 3% higher than at the same time last week, with the RSI tracking below a key hurdle.

As of writing, the index is hovering around 45.64, which is below resistance of 47.00, with עטה טריידינג ביי $ 1,356.90.

Should we see the token break out at this point in the upcoming days, we could see ethereum finally hit $1,400.

The 10-day (red) moving average is also nearing its 25-day (blue) counterpart, which is another sign of a potential shift in momentum.

פאַרשרייַבן דיין E- בריוו דאָ צו באַקומען וויקלי דערהייַנטיקונגען פון פּרייַז אַנאַליסיס געשיקט צו דיין ינבאָקס:

Do you expect today’s NFP report to come in over 250,000 jobs? Leave your thoughts in the comments below.

אלימאן דאמבעל

עלימאַן ברענגט אַן יקלעקטיק פונט פון מיינונג צו מאַרק אַנאַליסיס, ער איז געווען פריער אַ בראָוקערידזש דירעקטאָר און רעטאַיל טריידינג עדזשאַקייטער. דערווייַל, ער אקטן ווי אַ קאָמענטאַטאָר אין פאַרשידן אַסעץ קלאסן, אַרייַנגערעכנט קריפּטאָ, סטאַקס און פקס.