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Bitcoin price ignores major US payrolls miss to erase $113.4K surge

Bitcoin price ignores major US payrolls miss to erase $113.4K surge

Key points:Bitcoin disappoints with volatility around US jobs data, resulting in a dive under $111,000.BTC price action gives up all its gains while gold goes on to hit yet another all-time high.Traders maintain expectations of a $100,000 support retest.Bitcoin flipped volatile at Friday’s Wall Str…

Is Bitcoin’s $127K Breakout Loading After Double-Bottom?

Is Bitcoin’s $127K Breakout Loading After Double-Bottom?

TL;DRDouble-Bottom Structures in PlayBitcoin has printed another double-bottom pattern, according to ZYN. Similar setups earlier this year were followed by sharp rallies.In April, BTC rose by more than 50%, moving from about $86,000 to over $125,000. A second pattern in June triggered a 25% climb, l…