HomeUncategorizedBitcoin price gives up key trend line as US jobs data deals 5% losses By Cointelegraph

Bitcoin price gives up key trend line as US jobs data deals 5% losses By Cointelegraph

October 8, 2022

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Bitcoin price gives up key trend line as US jobs data deals 5% losses

(BTC) stayed near the lower end of its trading range into Oct. 8 after bulls failed to recoup macro-induced losses.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $19,500 at the time of writing.

(DXY) 1-hour candle chart. Source: TradingView
BTC/USD 1-day candle chart (Bitstamp) with 21, 50MA. Source: TradingView
Crypto liquidations chart. Source: Coinglass
BTC/USD annotated chart. Source: Whalemap/ Twitter