Bitcoin nears highest level since January as $85,000 sell wall clears, US jobs data disappoints

macro

Bitcoin rose toward its highest level since January after clearing heavy sell-side resistance near $85,000. Weaker-than-expected US jobs data added support by raising expectations of a less restrictive Federal Reserve policy. The move signals improving short-term momentum, though sustaining gains will depend on follow-through buying and broader macro conditions.

DYOR - Single Source

This feed has limited sources. Do your own research before making decisions.

Sources (1)

AI Research

AI deep dive is generated automatically for verified feeds.