BTC drops below $20,000 ahead of NFP report.
Ultimately price uncertainty has increased in recent days, as the U.S. dollar began to strengthen, after recent declines.
The 14-day relative strength index is currently tracking marginally above a floor of 51.00, with the next resistance point at 55.80.move towards this point, we will likely see bitcoin not only back above $20,000, but potentially closer to $21,000.) was mostly consolidating in today’s session, as prices continued to trade below a ceiling of $1,380.
The world’s second largest cryptocurrency dropped to $1,349.45, which is slightly lower than yesterday’s peak of $1,375.77.
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