HomeUncategorized$20K Bitcoin may return, says analyst as US unemployment hits 54-year low By Cointelegraph

$20K Bitcoin may return, says analyst as US unemployment hits 54-year low By Cointelegraph

February 3, 2023

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© Reuters.

(BTC) fell prior to the Feb. 3 Wall Street open as fresh United States economic data came in “hot hot hot.”

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

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it erased gains from earlier in the day to center on $23,000 support.

U.S. civilian unemployment rate chart. Source: Bureau of Labor Statistics
BTC/USD annotated chart. Source: Game of Trades/Twitter