BTC falls high from the latest, before the US employment figures outside of agriculture-market tactualizations

Bitcoin went back from a six-month high on February 3 when the bears came back onto the market before today's US report on the Non-Farm Payrolls (NFP). After a movement of $ 24,000 on Thursday, the mood changed when dealers prepared for the decisive report, which is expected to arrive at 185,000. Ethereum was also in the red and gave up a five-month high.

Bitcoin

bitcoin ( bitcoin ) fell down on Friday when the market volatility over the recent US report outside of agriculture (Nfp) increased.

after a high of 24.091.54 on Thursday bitcoin /USD today fell on an intraday-deep of 23.390.38 $.

Friday autumn comes as Bitcoin Bullen were not in position to break out of an important level of resistance at $ 24,000 to maintain.

One of the reasons for this was the 14-day relative strength index (RSI), which also did not make it to break a recent upper limit of 74.00

At the present time, the index is now pursuing 69.48, which is slightly above the level of support at 68.00.

If this floor does not keep up during today's session, there is a great chance that this is the case bitcoin will move under 23,000 $.

ether

In addition to bitcoin ether ( eth ) also gave the latest winnings, with the courses a five -month high tasks.

eth /USD on a maximum of 1,704.46 $, which was the highest level since September 13th

However, since the NFP approaches quickly, the market dynamics moved slightly eth fell in a deep from 1,634,22 $.

viewed on the chart, the sale also fell together with the fact that the RSI floated below the 63.00 mark, which seems to be a preliminary resistance point.

At the time of writing this article, the index is 62.92, whereby a Doji candle shows the current pressure on today's chart.

This typically signals indecisiveness and uncertainty, since neither bear nor bulls are able to capture the market mood.

Many expect this consolidation after the publication of the NFP in the course of today.

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Do you expect the number of employment outside agriculture to be over or below 185,000 jobs? Leave your thoughts in the comments below.

Eliman Damell

Eliman brings an eclectic point of view to the market analysis. Previously, he was a brokerage director and online trading instructor. He currently acts as a commentator for various investment classes, including crypto, stocks and foreign exchange, and is also the founder of a startup.

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