Bitcoin lost earlier gains to refocus on the $23,000 support level. The pair reacted negatively to January unemployment data in the United States, which exceeded expectations. According to the US Bureau of Labor Statistics, average hourly earnings increased by 0.3%, as predicted.
$25,000 is my main target, but I am seeing a lot of people asking for this now, and it is becoming a crowded trade,” popular trader Crypto Tony explained. Bitcoin/USD has surpassed $24,000 for the second time in two days.
$20K Bitcoin May Return, Says Analyst As US Unemployment Hits 54-Year Low
