Coin Gabbar Token

On Friday, Bitcoin (BTC) was trading above $20,000 as markets responded to the latest monthly jobs report. Last month’s payrolls reached 315,000, above the average estimate of 300,000.Following the release of the data, BTC/USD rose to an intraday high of $20,444, less than a day after touching a low of $19,755. Looking at the chart, the increase brings bitcoin closer to its recent resistance level of $20,600, as market concern has subsided.<a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" rel="noopener noreferrer nofollow">Bitcoin</a> has been unstable throughout today’s trading session as the price of BTC hits important resistance levels. The top cryptocurrency by market cap reacted positively to macroeconomic factors, but as the weekend approaches, low levels may create price fluctuations.According to price analysis, Bitcoin (BTC) is trading at $19,950, flat 0.00% in the previous 24 hours and 8% in the last week. The cryptocurrency had strong price action after the United States released crucial economic data, but the rise was short-lived as BTC fell below a cluster of selling orders at around $20,500.The next major resistance lies between $20,500 and $20,700. A clear break above the $20,500 resistance level might push the price up to $21,200. Any further gains might trigger a steady move towards the $22,000 resistance zone.If bitcoin fails to break through the $20,500 resistance level, it may fall further. On the downside, there is immediate support at $19,850. The next major support is at $19,550. The major support is located at $19,500. A break below the $19,500 support level might trigger a sharp decline below $19,000.KEY LEVELS :RESISTANCE LEVEL : $20100-$20500SUPPORT LEVEL : $19600-$19200Get more crypto related updates on :-<a href="https://www.coingabbar.com/en/crypto-news-english" rel="noopener noreferrer nofollow"> https://www.coingabbar.com/en/crypto-news-english</a>

Cryptocurrency price update: BITCOIN PRICE ANALYSIS : Bitcoin Price Cannot Survive Above $20000 After Latest Job Report

Coingabbar

Other articles published on Sep 3, 2022

#Offset Program for Brands, Clubs, and Communities

Indonesia intends to launch a cryptocurrency exchange by the end of 2022.

CFTC and SEC suggest amending Form PF To Include Crypto Assets.

Cardano’s Vasil Hard Fork will go Live on September 22, Three Months after the Target Date

MATIC Price on a positive track, but can it surpass $1?

More than Half of the Reported BTC Trade Volume is Likely to be Fraudulent or Non-economic: Report

Join our free newsletter for daily crypto updates!