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Title: [2016-05-09]Bullish Set-up for the Weekend in BTC-USD Post by: Blawpaw on May 09, 2016, 07:19:11 PM Bullish Set-up for the Weekend in BTC-USD
BTC-USD is currently up just over 1% on the BitStamp exchange today trading at $453.99, pushing higher above psychological resistance at $450. The US Dollar has weakened against currencies and commodities today as the Non-Farm Payroll, a major indicator of the health of the US labour market, came in below expectations at 160,000 versus the forecast of 200,000. A weak labour market reduces demand for the US Dollar and hence commodities like Bitcoin, oil and gold appreciate... read more (https://btcmanager.com/news/bullish-set-up-for-the-weekend-in-btc-usd/) |