Bitcoin: Death Cross Persists After Jobs Miss
Bitcoin holds death cross at $64793.56 as jobs miss cuts rate-hike odds, with 4h chart EMA50 support at $64156.1 and MACD golden cross intact.
SourceAnalysis
Bitcoin remains in death cross territory even after the jobs miss lowered odds of additional rate hikes.
Price sits at $64793.56 above the EMA50 support at $64156.1 and EMA200 at $63658.4 while the MACD golden cross at 260.05 keeps the 4h trend bullish; RSI at 58.81 shows neutral momentum inside the Bollinger bands with upper resistance at $65075.45, suggesting a test of that level before any deeper pullback to the 50-EMA.
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