, trading resource Stockmoney Lizards has already compared the potential impact of the upcoming cross to a similar event in late 2015, when Bitcoin was preparing the ground for its run to old all-time highs two years later.On one-day timeframes, analyst Kevin Svensonboth MACD and relative strength index as being “in a peculiar position” due to the lack of momentum.
Nonetheless, unemployment data will form the focus for the mood in the U.S., this following repeated signals that inflation is both abating and that the labor market has taken the inflationary cycle in its stride.
Acting in an area just below $30,000, BTC price performance has frustrated or simply bored traders over the past week — could a breakout come next?
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