$20K Bitcoin may return, says analyst as US unemployment hits 54-year low

$25,000 Bitcoin now “crowded trade”, in line with almost all expectations, while Chair Jerome Powell caused excitement by using the term “disinflation” in accompanying comments.BTC/USD thus spiked above $24,000 for the second time in as many days, with market participants still hopeful of a trip to $25,000 before a more significant retracement.

“BTC has had a clean breakout above its macro downtrend line + a backtest,” investment research resource Game of Trades

This has not happened. Bitcoin has not tumbled back to $20,000. So much for predictions. 🤔

Guys you need a name change to Fudiegraph

Always really love your artwork!

When positivity can be negativity?

Always do the exact opposite of the “Analyst” quoted by ciontelegraph

This makes no sense If unemployment is low therefore more people are in work meaning they have money to buy bitcoin Just more FUD to ignore

currently Bitcoin is still trying to test the $24k area

Bear markets provide the greatest accumulating opportunity for those with conviction in bitcoin , but they are the most dangerous for speculators. If you aren’t following michaelwh001 you should be. There aren’t many who have a better understanding of value investing

Good thing Bitcoin doesn't need a job!

ORT ortcoin

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FBI Denver: Coloradans lost about $25 million in 2021 to crypto scamsThe number of people who fall for crypto scams is on the rise as more people start using cryptocurrencies, according to a warning from the Denver Division of the Federal Bureau of Investigation.
Source: DenverChannel - 🏆 239. / 63 Read more »

Cipher Mining doubles hash rate capacity in JanuaryBitcoin miner Cipher more than doubled its hash rate capacity and bitcoin mined in January.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Bitcoin, Ethereum Technical Analysis: BTC Jumps to 6-Month High Above $24,000 – Market Updates Bitcoin NewsBitcoin surged above $24,000 on Feb. 02, as markets continued to react to the latest U.S. Federal Reserve policy decision. BTC is super strong right now. We might see some short squeezes on stocks like $MARA or $RIOT if it continues to have momentum. Gonna keep adding this pure value to my Ownr wallet ERTHA, ultra realistic game with amazing graphics. Imagine when it's 100% functional!!!
Source: BTCTN - 🏆 531. / 51 Read more »

Marathon Digital Sells Mined Bitcoin for First Time to Monetize Recent RallyBitcoin miner MarathonDH sells some of its mined bitcoin for the first time to pay for its operating costs. By Aoyon_A MarathonDH Aoyon_A Thanks a lot Mrs Candice. My trading journey has been a rollercoaster and this is certainly high point of my life. Made my whole yearly wage in 3 months of being in your group trading. I recommend y'all to follow Candicestewartt for trading tips & guide to invest and earn more.
Source: CoinDesk - 🏆 291. / 63 Read more »