Market Cap
24h Vol
5720
Cryptocurrencies
59.70%
Bitcoin Share

Bitcoin’s Long-Term Momentum Falters as 200-Day SMA Indicates Bearish Trend Amid Weak U.S. Employment Data

Bitcoin’s Long-Term Momentum Falters as 200-Day SMA Indicates Bearish Trend Amid Weak U.S. Employment Data


CoinOtag
2024-09-06 16:36:37

The Bitcoin market is currently experiencing a slowdown in bullish momentum, as indicated by its 200-day simple moving average (SMA). This shift comes ahead of critical U.S. employment data, which


.
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.