After failing on its second attempt to break convincingly to the north of the $28,000 level this week, Bitcoin (BTC) has fallen just over 1% to trade back below the $27,500 mark. The 200DMA (at $28,000) continues to act as strong resistance, and traders are likely reluctant to push the price above this key long-term level ahead of Friday's key US jobs data release....
After failing on its second attempt to break convincingly to the north of the $28,000 level this week, Bitcoin (BTC) has fallen just over 1% to trade back below the $27,500 mark. The 200DMA (at $28,000) continues to act as strong resistance, and traders are likely reluctant to push the price above this key long-term level ahead of Friday's key US jobs data release....
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