As volume returns, so does volatility, with this week showing both high levels of bullish and bearish sentiment in the token. Looking forward to the remainder of the month, the main question is undoubtedly whether either of these can prevail, or will price consolidation continue for another month.Last Friday saw the release of August’s non-farm payrolls . Which showed that 315,000 jobs were added to the U.S. economy.
Despite the better-than-expected NFP number, bitcoin fell to two month low the day after the data was released, dropping below $18,600.have mostly consolidated, trading between a floor of $19,500 and a resistance of $20,200. Some attribute this rally to comments from Fed Chair Jerome Powell, who all but confirmed that rate hikes will continue, until “the job is done”./USD is currently trading at $21,224.86, which is its highest point since August 26.
Should this happen, the relative strength index , which is currently tracking at 53.95, will likely be near a collision with a ceiling of 61.50.Ultimately, in the short term, there looks to be a rise in bullish sentiment, however as this sentiment grows, so will the questions on how long this can potentially be sustained.
This seems like a realistic scenario to me. I'm going to regularly spend usdt to buy bitcoin all month
Its not going to go over 23k. It will reject that resistance then bounce down to a new market bottom.
Nice , taking 100x long entry here TP at 23 keks, no SL ,confidence is key
Bilinmezleri getirir zaman
No it did not reach 23k in September
I think it will exceed the number you said
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