Main points:
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Bitcoin is located with arrows and gold in the strongest American job data expected.
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The US dollar index reaches its highest level in three weeks, with unemployment claims below.
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$ 110,000 is an increasingly targeted BTC price.
Bitcoin (BTC“It was possible” to reconsider $ 110,000 on Thursday, as the total political and geographical factors fueled the price of BTC.
Labor workers in the United States claim the assets of pressure in all fields
Data from Cointelegraph Markets Pro and Tradingvief It confirmed a new local decrease of $ 110,658 on Bitstamp.
The unemployed demand data in the United States came in expectations a day – a sign that the weak labor market may not be like thought.
This causes markets to become less confident in interest rate discounts in the field of federal reserve Fedwatch tool.
“And such, primary unemployed claims are no longer a concern.” A reaction to x.
The power of the US dollar increased as a result, as the US dollar index (DXY) reached flat levels for three weeks, while encryption, shares and gold decreased.
The mood did not help the uncertainty over the Russian-Ukraine conflict amid reports of Russian jet objections to Alaska.
Comment on the behavior of the risk assets, Kobeissi message The name Decision arrows “delay”.
“The health bull markets do not move in a straight line,” as is the reason.
like Cointelegraph mentionedThe stocks and gold had previously recorded standard levels.
110,000 dollars made or fracture for BTC price
In BTC Price Action, Crypto Market Insight Swissblock warned that the market is “sitting in an accurate balance”.
Related to: The biggest long liquidation for this year: 5 things to know in Bitcoin this week
“Bitcoin lost 113 thousand dollars and celebrates less than 112 thousand dollars: a re -test of 110 thousand imminent dollars”, IT to caution X followers in part of a post.
Swissblock that BTC/USD needs to restore $ 11,200 to get a shot to reconsider the top of its range. Loss of $ 110,000, on the other hand, will open the path to a sign of $ 100,000.
He added: “110 thousand dollars = maximum pain. 17.5 billion dollars expiration occurred.
The upholstery encryption takes to focus on liquidity in the upper exchange book. As the market shortening, the highest “pressure” looked more likely.
“See the overwhelming short domination of potential liquidation,” The Skindfisher Resource Trading repeat In part of commenting on royal data.
“$ Avax Side is 96.2 % of suspended LIQS. $ ETH at 78.3 %.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
