BTC price rides US jobs miss amid warning Bitcoin could retest $49.5K
Bitcoin fails to halt a low-timeframe BTC price decline for long as traders look to the week’s final US jobs data.
Bitcoin (BTC) tagged $57,000 at the Sept. 5 Wall Street open as United States equities gained on macroeconomic data prints.
BTC/USD 1-hr candle chart. Source: TradingView
Data from Cointelegraph Markets Pro and TradingView showed a BTC price action briefly reversing a slide that had begun after the prior daily close.
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Author: William Suberg
