As about the fundamental Bitcoin mining price is $5500. Because of that bitcoin cannot test the price $4267 .
But it hold the position that is one big deal.
USD get lower after news coming that labour department added 157000 jobs. And unemployment reach 3.9%.
- Star Bucks yet to accept Bitcoin as a payment.
- Bitcoin price showing some bullish bais now to test some of the resistance level. 4H chart shows bearish.
RSI is showing a bit of bullish divergence.
If supports $6500 holds than chance to bitcoin price is recover.
clear break under $6300 so ugly.
support level 1st is $ 6500
resistance level 1st is $7400
- support level 2 nd is $6000
- resistance level 2nd is $7800
Today trend is bearish.
Long term is bullish
That's it.
All information are only educational purpose only.
Do trading as par your risk.
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