Source: Coindesk.com
BTC's 200-day SMA is close to shedding its bullish bias for the first time since October. Short-term averages have already flipped bearish. The nonfarm payrolls report due later Friday is likely to show the U.S. jobless rate ticked lower in August.
The 200-day simple moving average (SMA) of bitcoin's
Read More https://www.coindesk.com/markets/2024/09/06/bitcoins-200-day-average-about-to-lose-bullish-momentum-nfp-eyed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "Bitcoin's 200-Day Average About to Lose Bullish Momentum; NFP Eyed" appeared first here Coindesk.com.
Source: Coindesk.com
