Traders agree that Bitcoin still lacks direction, but $25,000 and $30,000 remain targets once conditions change.
Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.
Bitcoin price overcomes $50K, stocks slide after disappointing US jobs report
Nonfarm payroll data shows the worst U.S. jobs gain in seven months, limiting concerns of Federal Reserve tapering this year.
Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data
Bitcoin bulls remain pressured under $50,000 in the week that would shed more light on the Federal Reserve’s taper outlook based on non-farm payroll numbers.