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Author Topic: [2016-09-03] BTC-USD Breaching $600 Handle, $700 In Sight?  (Read 148 times)
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September 03, 2016, 11:13:27 PM

After relatively muted trading over the past few days, BTC-USD has jumped close to the critical $600 psychological level in today’s trading session.

The reversal initially started on Friday following weak economic data from the US, which negatively impacted sentiment toward the US Dollar. The Non-Farm Payrolls showed 151,000 job additions versus a forecast of 180,000. BTC-USD was able to make a reversal, as shown below, with bullish momentum intensifying today...

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