Bitcoin Price Wobbles at $76K – Jobs Done, CPI and Fed Next
Photo: Coindoo
Key Takeaways October payrolls rose 165,000 versus 65,000 expected Rally stalled at the 0.236 Fib near $80,403 BTC closed Thursday below the 100-day SMA Next support cluster sits near $72,561–$73,243 The Bureau of Labor Statistics release arrived with Bitcoin already trading below a key retracement level, and CoinDesk reported the price holding around $75,800 in the minutes afterward. Wednesday’s rally ran out near $80,403 The week’s sequence began with a test of the floor. On November 4, Bitcoin dipped below the 0.382 retracement near $76,066, and buyers answered quickly.
Source: Coindoo
