✉news BusinessCrypto first seen 1 d ago, last 5 h ago, peak #6
Bitcoin climbs toward January high as $85,000 resistance clears
Original: Bitcoin nears highest level since January as $85,000 sell wall clears, US jobs data disappoints
Bitcoin is approaching its highest level since January after a large $85,000 sell wall was cleared, while weaker-than-expected US jobs data added momentum to the rally. Traders see the breakout above a key resistance level combined with soft economic data as a bullish signal, fueling talk of a renewed push higher in the crypto market.
Why now: A key price resistance breaking alongside disappointing US jobs data is driving fresh optimism about Bitcoin's trajectory.
BitcoinUS labor marketThe Block
Evidence
- Bitcoin nears highest level since January as $85,000 sell wall clears, US jobs data disappoints · The Block
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